Gecina : Highly resilient in 2020, lots of confidence / visibility for the short/mid-term!
>A solid operating performance and slightly better than expected - Gecina’s operating performance proved highly resilient in 2020, with Recurring Net Income (RNI) / share reaching € 5.72 (-3.9% y-o-y) vs a guidance of € 5.70 and consensus of € 5.68. This performance was driven primarily by the collection of 99% of the rents invoiced in 2020, despite the public health crisis, and the like-for-like growth rate of +2.3% which was +0.7 points above the +1.6% indexation ra...Gecina is a rental real estate company. Co.'s purpose is to operate individual rental properties or group of properties located mainly in France. Co.'s properties include commercial assets (offices and retail outlets), residential assets, logistics assets, hotels and healthcare facilities. Co. is organized around two main sectors and one ancillary segment: Economic sector comprising the commercial segment (offices and retail outlets), the portfolio of logistics properties and of hotel buildings; Demographic sector comprising traditional residential units (housing units property holding), portfolio of students residences and of healthcare facilities; Ancilary segment of real estate services.
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.
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