Altarea : Growth should be maintained in the medium term but limited/less visible in the short term
>Good operational resilience in all business lines - Yesterday evening, Altarea published sales of € 661.2m for Q1 2022 (+0.9% y-o-y and +11.6% vs Q1 2019) primarily driven by the urban transformation market which is faring well and persistently favourable momentum in residential development.Residential development (sales +2.8% y-o-y; 49% FFO 2021): the Q1 trend was primarily due to 1/ an acceleration in supply notably on new territories (+25% y-o-y and +29% vs Q...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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