Unibail-Rodamco-Westfield : Operating performance still positive with in the end very gradual deleveraging at this stage
>Slight improvement in retailers’ sales at +4.3% in 9M 2024 vs +4.2% in H1 2024 - The figures reported by URW for 9M 2024 (i.e. revenues of € 2,839.7m; +2.0% y-o-y) reflect operating activity that is still robust and positive as in H1 2024: Retailers’ sales were up +4.3% y-o-y (vs +4.2% y-o-y in H1 2024) with +4.3% in Continental Europe, +2.7% in the UK and +5.4% in US flagships. Growth therefore improved slightly and exceeded core inflation at +3.3%. Footfall ro...Unibail-Rodamco is a commercial property operator, investor and developer. Co. is operationally organized in six geographical regions: France, Spain, Central Europe, Austria, the Nordics and The Netherlands. Its activities are divided into three business lines or segments: Shopping Centres, Offices and Convention & Exhibition. Co.'s Shopping Centres segment focuses primarily on the retail sector; the Offices segment takes care of office assets that are mainly located in the Parisian Central Business District; and the Convention-Exhibitions segment consists of a real estate venues and operations organization, and trade show organization.
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.
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