Report
Florent Laroche-Joubert

Argan SA : Une bonne visibilité sur la poursuite de la dynamique de croissance à CT/MT

>Nouvelle revalorisation au T4 avec un effet positif sur le LTV et l’ANR - La dynamique opérationnelle d’Argan est largement positive en 2021 comme cela se reflète dans le dividende proposé dorénavant à 2.60 € vs 2.30 € précédemment et la hausse de +41% yoy de l’EPRA NRV à 102.5 € :Son portefeuille d’entrepôts premium a encore fait l’objet d’une revalorisation positive sur le T4 sous l’effet d’une nouvelle compression des taux de capitalisation. Il se valorise do...
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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