Icade : Earnings beat forecasts!
>Operating performance better than expected - Icade reported net current cash flow (NCCF) per share for 2019 above forecasts at € 5.26 (+2.1 % y-o-y) against a backdrop of significant disposals and vs guidance for “stable NCCF including the effect of the disposals carried out in 2019â€, which was increased at the end of November. The group is proposing a dividend of € 4.81, up +4.5% as expected.In its property investment businesses, EPRA earnings per share were up...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.
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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