Report
Florent Laroche-Joubert

Mercialys : Q3 performance in line and residual Casino risk considered immaterial Performance T3 en ligne et risque résiduel Casino jugé non matériel

>2024 guidance reiterated based on Q3 results in line and no acceleration in retailer sales following transfer of Casino hypermarkets - Mercialys’ 9M 2024 results reflect resilient operating momentum, in line with that in H1 2024, with no acceleration to date in the sales of its retailers following the transfer of Casino hypermarkets:Retailer sales excluding hypermarkets were up 2.4% year-on-year at end-August 2024 (vs +3.4% yoy in H1 2024): this performance refl...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais
Roy Külter ... (+2)
  • Roy Külter
  • Steven Boumans

ResearchPool Subscriptions

Get the most out of your insights

Get in touch