Report
Florent Laroche-Joubert

Mercialys : Operating strengths and re-rating of the stock expected in the short term

>Strengths to withstand the current inflationary period - At the end of last week, we received Vincent Ravat (CEO), Elizabeth Blaise (Deputy CEO) and Nicolas Faivre (Head of Operations) for their half-yearly road show. Like many other companies, they underscored at the beginning of September and after the summer recess, the lack of visibility on the impact of inflation, but were confident that Mercialys would be able to weather this potentially difficult period:T...
Underlying
Mercialys SA

Mercialys is a real estate company, specialized in the transformation and management of shopping centers. Co. manages a portfolio of 91 properties located throughout France at Dec 31, 2013. Co.'s assets are classified into three categories: large regional shopping centers (GLA of over 365,800 sq. m.), neighborhood shopping centers (GLA of over 181,600 sq. m.), and Other assets (40,900 sq. m.). At Dec. 31, 2013, the portfolio comprised 25 large regional shopping centers, 36 neighborhood shopping centers, and 18 other sites such as food stores, specialty stores, independent cafeterias, service malls, and convenience stores, representing a total gross leasable area of about 588,300 sq. m.

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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