Report
Roy Külter ...
  • Steven Boumans

EuroCommercial : Eurocommercial’s bright future: Stable costs of debt, above inflation like-for-like growth and macro-tailwinds in Sweden

>EPS uplift supported by lower cost of debt, pushing our estimates 2% ahead of 2026 consensus estimates - We increase our net earnings (direct investment result) estimates as of FY2025 due to both the decline in interest rates and higher visibility of a stable cost of debt for the coming two years, after the recent refinancing and hedging. For FY2024, we do not raise our net earnings estimate, given the lower cost of debt will be countered with slightly higher (tempor...
Underlying
EUROCOMMERCIAL PROPERTIES NV

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
Roy Külter

Steven Boumans

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