Report
Florent Laroche-Joubert

Cofinimmo : Solid performance and business development prospects intact

>Solid operating performance in H1 2020 - Prolonging the H1 2020 trend, Confinimmo reported a solid operating performance for H1 2020 yesterday evening, with EPRA EPS of € 3.40 (up 5.3% y/y) vs € 3.31 expected by the consensus and EPRA Rev  NAV of € 99.81 (+4.0% y/y and -0.9% over six months) where the consensus was looking for € 99.75. As regards the topline, rental income increased 10.6% y/y on actual consolidation cope and +1.6% on a comparable basis (lfl), with th...
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
Florent Laroche-Joubert

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch