Report
Florent Laroche-Joubert

Societe Fonciere Lyonnaise : A strong operating performance on the top line, although impacted by the rate hike

>EPRA earnings per share at € 2.56 (+1.7% y-o-y) vs € 2.73 est. vs consensus at € 2.71 - Société Foncière Lyonnaise (SFL), a 98.3%-owned subsidiary of the Colonial group that represents nearly 70% of its portfolio, yesterday evening reported full-year results. These notably included EPRA earnings per share at € 2.56 (+1.7% y-o-y) vs the consensus at € 2.71 and a dividend at € 2.40 in line with the recurring dividend policy:SFL ultimately signed leases on 41,000m²...
Underlying
Societe Fonciere Lyonnaise SA

Societe Fonciere Lyonnaise purchases, renovates, develops, and manages urban properties in a real estate portfolio located primarily in Paris, France. Co. divides its operation into two segments: Property rental services & Sales. Co.'s geographic segments comprise: Paris Central Business District, comprising the Golden Triangle and the Financial District, spanning parts of the 1st, 2nd, 9th, 8th, 16th and 17th arrondissements of Paris; Western Crescent, located West of Paris on the other side of the Boulevard P?riph?rique ring-road, comprising Neuilly, Boulogne, Issy-les-Moulineaux and Levallois; and Others corresponding to the rest of Paris, outside the Central Business District.

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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch