Report
Florent Laroche-Joubert

Argan SA : Bonne dynamique opérationnelle au S1 2024, en ligne, avant une publication plus complète post-élections françaises

>Revenus locatifs de 98.1 M€, en croissance de 8% yoy au S1 2024 - Les revenus locatifs d’Argan s’établissent à 98.1 M€ au S1 2024 vs 90.9 M€ au S1 23 en hausse de 8% yoy et très proches de nos attentes (vs 97.6 M€e). Cette hausse est essentiellement liée à l’effet année pleine des loyers générés par les développements de l’année 2023, des loyers des entrepôts livrés au cours du S1 2024 ainsi qu’à l’effet de l’indexation des loyers (+4,6%) au 1er janvier 2024.Au...
Underlying
Argan SA

Argan SA designs, builds, develops, owns, leases, and manages logistical bases and warehouses in France. Co. is also involved in land development and management, delivering turnkey projects to its customers. Co divides its activities among two categories of clients: Shipper and Logisticians. It serves shippers, manufacturers or distributors. In addition, Co. serves logisticians, operating the logistics of shippers, including Alloga, Arvato, Daher, Dartess , FM Logistic, Geodis, Kuehne & Nagel, Movianto, Neovia logistics, and XPO Logistic. Co.'s portfolio amounts to more than 1,600,000 mA2, made up of 50 logistics platforms and 9 couriers, making a total of 59 buildings.

Provider
Oddo BHF
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.

Analysts
Florent Laroche-Joubert

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