Report
Florent Laroche-Joubert

Argan SA : Revalorisation plus rapide que prévu du patrimoine pour une dynamique opérationnelle toujours aussi soutenue

>Revenus locatifs 9M21 +10% yoy légèrement au-dessus de nos attentes - La dynamique opérationnelle d’Argan reste toujours aussi soutenue sur 9M21 avec des revenus locatifs à 117 M€ (+10% yoy), très légèrement au-dessus de nos attentes :La croissance des revenus locatifs s’explique par l’effet des livraisons effectuées il y a moins d’un an ; que ce soit celles réalisées en 2020 où celles réalisées plus récemment dont l’entrepôt de 185 000 m² sur 4 étages livré et ...
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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