CENTRO Retail Australia (ASX: CRF) has delivered an optimistic guidance for FY2013.
CRF CEO Steven Sewell said full year earnings are now forecast to be towards the upper end of the previously provided guidance of 15.3 cents to 15.6 cents per security, with a payout ratio between 80% and 90%.
CRF also announced a distribution of 6.6 cents for the half year, up from 6.5 cents for the half year to June 2012.
Property Review