Altarea : Strong agility and balance sheet preserved the better to weather the crisis!
>A remarkable operating performance thanks to its strong agility! - Thanks to its strong agility during and after the lockdown, Altarea posted a very good operating performance in H1 given the particular COVID context: FFO came to € 118.2m in H1 (+7.2% y-o-y), i.e. € 7.05 per share (+2.6% y-o-y): Residential property development (47% of H1 2020 group FFO; +51% y-o-y): even though activity was strongly disrupted by the lockdown, the management managed to grow the ...Altarea Cogedim is a real estate investment trust and development company. Co. is an active operator in the three main segments — retail, residential & office-hotels property — with the ability to design, develop, market & manage custom-tailored real estate products. In the Retail segment, Co. is active in real estate investment, development, asset management, providing services to third-party customers. In the Residential segment, Co. is a residential property developer. In the Office Property segment, Co. is a global operator active in all commercial property formats: high-rise buildings, business districts, corporate headquarters, renovation projects, green districts & luxury hotels.
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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