Report
Florent Laroche-Joubert

Carmila : Operating performance in line with forecasts and great confidence in sustainability of the dividend

>Guidance confirmed for growth in 2019 recurring profit per share of between +5% and +6.5% - Based on the H1 2019 operating performance in line with forecasts, Carmila confirmed its full-year guidance for growth in 2019 recurring profit per share of between +5% and +6.5%.Net rents came to € 167m in H1 2019, up 3.1% y-o-y l-f-l (+2.6% excluding IFRS 16 impact) based on a 1.0% increase in retailers’ revenues. Organic growth in rents included indexation of 1.5%, upl...
Underlying
Carmila SAS

Carmila SA, formerly Cardety SA, is a France-based company that operates in the real estate investment sector. The Company is primarily engaged in the acquisition, holding and managing of commercial real estate assets for lease. The Company's real estate assets include a supermarket under the ED brand in Forges-les-Eaux, a shopping center in Pau Lescar, a retail park in Mondeville, a shopping mall in Besancon Chalezeule, a building complex in Salaise-sur-Sanne and a business park project in Quetigny.

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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