Unibail-Rodamco-Westfield : The priority is deleveraging the group and nothing else!
>52% of shopping centres closed and 2021 expected to be like 2020 at this stage - URW’s operating performance in 2020 reflects, as expected, operating activity that was strongly affected by the health crisis:Adjusted recurring EPS came to € 7.28 (-41.1% y-o-y) in line with the lower end of the guidance range (€ 7.20 – 7.80) and below the consensus (€ 7.50). Growth in rents at constant scope was -24% y-o-y due mainly to: 1/ the collection over the year of 80% of t...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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