Icade : Good financial performance in H1 and guidance maintained
>Very good commercial momentum in property development - Icade published current net cash flow / share of € 2.70 (+5.0% y-o-y) (vs € 2.57 est.) which notably includes very good commercial momentum in property development and steady growth for healthcare property investment while the operating performance of the office property investment division was down, as expected:Office property investment: same-scope growth in rental income came to -3.5% due, as already po...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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