Icade First Half 2024 Earnings: €2.38 loss per share (vs €6.80 loss in 1H 2023)

Icade (EPA:ICAD) First Half 2024 Results

Key Financial Results

• Revenue: €696.8m (flat on 1H 2023).
• Net loss: €180.0m (loss narrowed by 65% from 1H 2023).
• €2.38 loss per share (improved from €6.80 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Icade Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the REITs industry in Europe.

Performance of the market in France.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Icade has 1 warning sign we think you should be aware of.

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