Icade : H1 publication – Outlook confirmed for markets nonetheless under pressure
>NCCF for strategic businesses at € 111m in markets under pressure - Icade reported this morning net current cash flow (NCCF) per share for its strategic businesses at € 2.23 (-18.1%) which reflects the initial progress on the implementation of its strategic plan, as well as markets under pressure. Commercial property investment (82% of 2023 cash flow): rental income stands at € 187.8m, i.e. growth at constant scope of +3.7% y-o-y and +4.1% at constant scope. Thi...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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