Oddo BHF - ORPEA (ORP) Emeis : H1 2024 earnings still under pressure, but message of hope for occ. rates

Report

Oddo BHF

Christophe-Raphaël Ganet

Emeis : H1 2024 earnings still under pressure, but message of hope for occ. rates

>Margin still under pressure, but some progress should be highlighted - Emeis reported EBITDAR at € 339m (ODDO BHF: € 335m est.), EBITDA at € 316m and underlying operating profit at -€ 14m. Net debt reached € 4,425m (vs € 4,642m at end-2023) and the value of the real-estate portfolio is estimated at € 6.3m (414 facilities, mainly in France, representing € 5.3bn in assets/capitalisation rate: 6% vs 5.6% at end-2023). Emeis is set to draw € 400m in credit lines in Q4. ...

04/10/2024 1 EN

Underlying

ORPEA

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FR001400NLM4 Euronext Paris France

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Christophe-Raphaël Ganet

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Emeis : H1 2024 earnings still under pressure, but message of hope for occ. rates

ODDO BHF Small & MIDCAP MORNING NEWS - 10/04/2024

ODDO BHF Small & MIDCAP MORNING NEWS - 04/10/2024

What to make of the US industrial sector?

What impacts on French equities from the measures envisaged by the Barnier government to restore public finances?

Quels impacts sur les actions françaises des mesures envisagées par le gouvernement Barnier pour rétablir les comptes publics ?

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