Klépierre : 2023 earnings ahead of expectations; 2024 guidance in line
>2023 NCCF per share above expectations at € 2.48 (+10.7%) vs consensus € 2.40 - Klépierre has reported better-than-expected results, with NCCF per share of € 2.48 (+10.7% yoy) vs consensus € 2.40, reflecting P&L growth at all levels over the year but also particularly resilient asset values (-0.2% over 6M), enabling Klépierre to maintain a particularly robust balance sheet and provide visibility on reaching an inflection point in terms of the valuation of its assets:...Klepierre specializes in the development, rental, and asset management of real estate properties in 13 Continental Europe countries. Co. also provides services to third party customers. Co.'s properties include shopping centers, office buildings and shops. It structures its operation into business segments and geographic regions: Shopping centers are structured into 6 operating segments, and the remaining two operating segments are Retail Assets and Office Buildings. As of Dec 31 2013, Co.'s portfolio comprised 91 centers in France/Belgium, 25 centers in Scandinavia, 35 centers in Italy, 76 centers in Spain/Portugal, 23 centers in Central Europe, and 6 centers in other countries.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.