Vicinity Centres (ASX:VCX) reported Wednesday fiscal first-half adjusted funds from operations (AFFO) of AU$0.0704 per security, up from AU$0.0698 a year earlier.

Revenue from ordinary activities for the six months ended Dec. 31, 2025, was AU$673.5 million, compared with AU$664.9 million a year earlier.

The company expects funds from operations (FFO) per security and AFFO per security for fiscal year 2026 to be near the upper end of guidance, at around AU$0.15 to AU$0.152 and AU$0.128 to AU$0.13, respectively. Analysts polled by FactSet expected FFO and AFFO of AU$0.15 and AU$0.13, respectively.

The board declared an interim dividend of AU$0.062 per share, up from AU$0.0595 a year earlier, payable March 12 to shareholders on record as of Feb. 24.