Report
Florent Laroche-Joubert

Argan SA : Des perspectives de croissance toujours solides portées par la rareté de l’offre

>Revenus locatifs à 166 M€, en croissance de 6% sur 2022 - Argan a publié hier soir des revenus locatifs annuels à 166.1 M€ (+6% yoy) très légèrement supérieurs à la guidance à 165 M€ et à nos attentes (165.5 M€e). Pour la société, cette croissance est principalement le résultat de l’effet année pleine des livraisons de 2021, des loyers générés par les six nouveaux développements livrés depuis le début de l’année et par l’acquisition d’un entrepôt de 153 000 m² à Rena...
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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