Report
Florent Laroche-Joubert

Mercialys : Résilience de la performance dans un contexte très marqué par Casino

>FFO / action à 1.17 € (+3.3%) légèrement au-dessus du consensus à 1.16 € - Mercialys publie un FFO / action 2023 légèrement au-dessus des attentes à 1.17 € (+3.3% yoy) vs guidance et css à 1.16 € dans une année fortement marquée par la restructuration en cours de Casino. Son EPRA NTA / action ressort d’ailleurs à 16.29 € (-11.6%) en dessous de nos attentes (16.51 €e) et css (17.0 €) en raison d’un ajustement de la valeur de ses actifs plus important que celle de ses...
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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