Report
Florent Laroche-Joubert

Icade : Une année 2020 particulièrement solide en dépit du contexte

>Bonne résilience opérationnelle vs effets attendus sur valorisation - Icade publie ce matin un cash-flow net courant (CFNC) / action à 4.84 € (-7.9% yoy) légèrement au-dessus de sa une guidance confirmée le 23 novembre à 4.80 € et confirme comme attendu le versement d’un dividende à 4.01 € / action avec paiement optionnel de ce dernier en titres pour le 2ème acompte de 50% (taux de distribution 83%). Dans la continuité des 9 1ers mois de l’année, cette performance tr...
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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