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Niko Levikari ...
  • Steven Boumans

Cofinimmo : 2021 outlook remains positive, growth driven by the care segment expansion

>2020 landed at the high end of the guidance, care leads the rebound - Cofinimmo reported upbeat results with net result from core activities (group share) landing at the top end of the earlier guidance range at € 6.85/sh (guidance upper end of the range € 6.60-6.85/sh) which also exceeded consensus and our estimates (ABN ODDOe € 6.79/sh and company compiled consensus € 6.78/sh). In terms of outlook for 2021, Cofinimmo guided for net result from core activities (grou...
Underlying
Cofinimmo SA

Cofinimmo is a fixed capital real estate investment trust. Co. specializes in rental property. Its core investment segments are office property and nursing and care institutions. The portfolio also includes a Distribution property networks segment. Most of Co.'s assets are in Belgium. The foreign part consists of nursing homes/ clinics and the MAAF agencies network in France and the Pubstone portfolio in the Netherlands. Co.'s operations are organized into four segments: Offices, Nursing homes/Clinics, Distribution property networks, and Public-Private Partnerships.

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
Niko Levikari

Steven Boumans

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