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Citycon Plans to Improve Earnings Per Share by 1 Cent in 2012-13

Citycon Oyj (CTY1S), the Finnish manager of shopping centers, plans to improve its earnings per share by 1 cent in 2012 and 2013, Chief Executive Officer Marcel Kokkeel said in a statement.

Citycon seeks to double its portfolio in the next five years in the Nordic and Baltic countries, focusing on shopping centers and divesting non-core properties, such as super markets occupied by one user, the company said.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net

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