Report
Florent Laroche-Joubert

Klépierre : A quarterly performance confirming that the situation is returning to normal

>Operating performance in line with the recovery observed in H2 2021 - Klépierre released its Q1 2022 revenue figures yesterday evening. Its revenue reached € 359.5m (+4.7% y-o-y), showing that its operating performances are recovering and that business activity in its shopping centres is returning to normal, in line with expectations and with its peers:Net rental income increased by +88.3% l-f-l to € 217.8m: this shows that business activity is returning to norm...
Underlying
Klepierre SA

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.

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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