Report
Florent Laroche-Joubert

Icade : Très bonne résilience et guidance 2020 au-dessus de nos attentes !

>Une très forte résilience des foncières - Icade publie ce matin un chiffre d’affaires consolidé sur 9M 2020 de 978 M€, à -6.6% à périmètre constant (pc) (+1.9% sur les foncières et -15.6% sur la Promotion). Cette performance traduit une forte résilience des foncières et une activité de promotion impactée moins que prévu par les retards sur les chantiers due au confinement : Foncière Tertiaire : les revenus locatifs s’élèvent à 256 M€ sur 9M 20 en hausse de +4.5%...
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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