Report
Florent Laroche-Joubert

Icade : Des atouts solides et des axes stratégiques toujours pertinents !

>Une activité globalement faiblement impactée en 2020 - En publiant, vendredi soir, son rapport annuel 2019, Icade a confirmé, une nouvelle fois, qu’il dispose d’une très bonne capacité à absorber le choc du COVID-19. Même si le dividende a finalement été réduit à 4.01 € (i.e. -17% vs div. initial) suite à l’appel des autorités publiques françaises, Icade n’entend pas recourir au chômage partiel et peut compter sur ses activités de foncière (92% du CF en 2019). Nous t...
Underlying
Icade SA

Icade is a property developer/real estate investment trust (REIT). Co. offers its clients and business partners a range of complementary products and expertise in the development, design, contracting, marketing, and administrative and technical management of their properties. Co.'s activities are segmented into three divisions: Property Investment, Property Development, and Services. Property Investment focuses especially energy, water, waste and carbon comprises significant properties; Property Development targets properties and operations whose service orders were launched during the year, and Services division manages office buildings and housing units on behalf of third parties.

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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