Icade : Q3 results: good elements but visibility still lacking medium term
>Consolidated revenues in 9M 2024 of € 1,014.8m, or down -0.2% at current scope - Icade this morning reported 9M 2024 consolidated revenues of € 1,014.8m vs € 1,048.4m est., down a slight 0.2% y-o-y at current scope. This notably included dynamic rental activity in the property investment business and a sharp improvement in reservations in property development in a still uncertain context: Property investment (27.6% of 9M 2024 consolidated revenues): gross rental...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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