Stock Analysis

Icade Reports Full Year 2023 Earnings

ENXTPA:ICAD
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Icade (EPA:ICAD) Full Year 2023 Results

Key Financial Results

  • Revenue: €1.66b (down 9.4% from FY 2022).
  • Net loss: €1.29b (down from €54.1m profit in FY 2022).
earnings-and-revenue-growth
ENXTPA:ICAD Earnings and Revenue Growth February 22nd 2024

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

Icade Earnings Insights

Looking ahead, revenue is forecast to decline by 6.7% p.a. on average during the next 2 years, while revenues in the REITs industry in Europe are expected to remain flat.

Performance of the market in France.

The company's shares are down 4.4% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Icade (including 1 which shouldn't be ignored).

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About ENXTPA:ICAD

Icade

Icade is a full-service real estate company with expertise in both commercial property investment (portfolio worth €6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of €1.3bn) that operates throughout France.

Undervalued average dividend payer.