Report
Florent Laroche-Joubert

Carmila : Good arguments to outperform the sector again

>Continuation of strong recovery momentum - Carmila’s Q1 2022 operating performance (i.e. net rents at € 81.9m vs € 72.1m est., +16.6% y-o-y and +4.4% at constant scope) reflect the continuation of a solid recovery in its local shopping centres carrying on from the figures reported in H2 2021:Retailers’ sales back to close to pre-health crisis levels (94% vs Q1 2019): retailers have thus returned to activity levels close to those in Q1 2019 while the quarter was ...
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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