Report
Florent Laroche-Joubert

Argan SA : Dynamique opérationnelle en ligne avec des années de croissance forte en 2023 et 2024

>Poursuite de la bonne dynamique locative avec des revenus locatifs à +11% yoy - Les revenus locatifs d’Argan s’établissent à 45.2 M€ au T1 23 (vs 45.4 M€e), soit une hausse de 11% yoy et de 4.7% qoq. Cette hausse s’explique par l’effet en année pleine des livraisons de 2022 ainsi que par l’indexation des loyers en janvier 2023 (+4% attendus en moyenne sur 2023) alors que le patrimoine est toujours occupé à 100%. La dynamique locative reste par ailleurs bien orie...
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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