Stock Analysis
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).
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
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 with adequate balance sheet and pays a dividend.
