Altarea : A state of mind that makes a difference in difficult times => outperformance in residential property development in H1!
>Best ever operating performance in a first half-year - Altarea reported yesterday evening FFO of € 130.1m in H1 2022 (+10.2% yoy), representing € 6.31 per share. This was the group’s best ever first-half operating performance, driven by the resilience of all business lines, including residential development:Residential development (EBIT -6% yoy; 40% FFO H1 22): reservations in H1 grew by 9% in value to € 1.4bn and by 2% in volume to 5,030 units for an operating ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.