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Altarea SCA (IMAF.PA)

IMAF.PA on Paris Stock Exchange

116.40EUR
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Latest Key Developments (Source: Significant Developments)

Altarea Q1 Consolidated Revenue Down At 566.2 Million Euros
Tuesday, 5 May 2020 

May 5 (Reuters) - ALTAREA SCA ::Q1 CONSOLIDATED REVENUE EUR 566.2 MILLION VERSUS EUR 592.5 MILLION YEAR AGO.AVAILABLE LIQUIDITY AS OF MAY 5, 2020: €2.67BN.ADJUSTMENT OF THE 2019 DIVIDEND BY -30% WITH A VIEW TO MODERATION, DESPITE THE HIGH LEVEL OF LIQUIDITY.ON CORONAVIRUS: PUBLIC RECEPTION FACILITIES HAVE BEEN RESIZED IN ORDER TO LIMIT OPERATING COSTS.  Full Article

Altarea Postpones AGM To Make Decision On Amount, Terms Of Dividend
Friday, 3 Apr 2020 

April 3 (Reuters) - ALTAREA SCA ::POSTPONEMENT OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO 30 JUNE 2020.THIS PERIOD TO ALLOW BETTER ASSESSMENT OF CONSEQUENCES OF COVID 19 BEFORE MAKING FINAL DECISION ON AMOUNT AND TERMS OF PAYMENT OF DIVIDEND.  Full Article

Altarea: Filing Of Simplified Public Takeover Bid On NR 21 Shares
Monday, 30 Sep 2019 

Sept 30 (Reuters) - ALTAREA SCA ::FILING OF SIMPLIFIED PUBLIC TAKEOVER BID ON NR 21 SHARES.SIMPLIFIED PUBLIC TAKEOVER BID ON NR 21 SHARES: DURATION OF OFFER IS 10 TRADING DAYS.OFFER PRICE: EUR 1.13 PER NR 21 SHARE.  Full Article

Altarea Cogedim Group Acquires 50% Stake In Woodeum Residentiel
Tuesday, 16 Jul 2019 

July 16 (Reuters) - ALTAREA SCA ::WOODEUM RESIDENTIEL AND ALTAREA COGEDIM JOIN FORCES TO EXPAND LARGE-SCALE-LOW-CARBON RESIDENTIAL.ACQUISITION BY ALTAREA COGEDIM GROUP OF A 50% STAKE OF WOODEUM RÉSIDENTIEL.TRANSACTION VALUES WOODEUM (FORMERLY WOODEUM RÉSIDENTIEL) AT APPROXIMATELY €100 MILLION.CURRENT WOODEUM (FORMERLY WOODEUM RÉSIDENTIEL) MANAGEMENT TEAM WILL REMAIN UNCHANGED.  Full Article

Altarea Announces Appointment Of Jacques Ehrmann As CEO Of Altarea Cogedim
Tuesday, 4 Jun 2019 

June 4 (Reuters) - ALTAREA SCA ::APPOINTMENT OF JACQUES EHRMANN AS CEO OF ALTAREA COGEDIM.APPOINTMENT WILL TAKE PLACE ON JULY 1ST.  Full Article

Altarea Q1 Revenue Up At 592.5 Million Euros
Thursday, 9 May 2019 

May 9 (Reuters) - ALTAREA SCA ::CONSOLIDATED REVENUE FOR THE 1ST QUARTER 2019 AMOUNTED TO €592.5M, UP +36% YEAR-ON-YEAR.A DIVIDEND OF €12.75 PER SHARE (UP +2%) WILL BE PROPOSED AT THE GENERAL SHAREHOLDERS' MEETING.IN Q1 RESIDENTIAL: NEW ORDERS1 : €627M (+6%) FOR 2,651 UNITS (+2%); BACKLOG: €3,220M (+2%).IN Q1 RETAIL: RETAILER REVENUE: +2.8% ON A LIKE-FOR-LIKE BASIS; RENTAL INCOME GROWTH: +5.6% (+2.3% ON A LIKE-FOR-LIKE BASIS).IN Q1 CONSOLIDATED INDICATORS: NET DEBT: €2,647M (+€198M).CONFIRMS ITS FFO TARGET OF AROUND €300 MILLION BY 2020.2019 FFO: EXPECTED MORE PRONOUNCED HALF-YEAR SEASONALITY EFFECT THAN IN 2018.  Full Article

Altarea Cogedim To Acquire 63.63 Pct Of NR 21
Friday, 29 Mar 2019 

March 29 (Reuters) - ALTAREA SCA ::ALTAREA COGEDIM ANNOUNCED ON THURSDAY SIGNATURE OF AGREEMENT UNDER SUSPENSIVE CONDITIONS TO ACQUIRE CONTROLLING STAKE IN NR21.TO ACQUIRE CONTROLLING STAKE FROM TWO SHAREHOLDERS WHO JOINTLY HOLD 63.63 PCT OF NR21 CAPITAL.ACQUISITION TO BE FINALISED DURING MONTH OF MAY.SUSPENSIVE CONDITIONS INCLUDE TRANSFER OF NR21 SHARES TO EURONEXT PARIS AND PRIOR SALE OF ITS SUBSIDIARY LTJ DIFFUSION.FOLLOWING ACQUISITION, SIMPLIFIED TAKEOVER BID ON REMAINING NR21 SAHRES WILL BE FILED.  Full Article

Altarea Confirms 2020 FFO Target Of Around EUR 300 Million
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - ALTAREA SCA ::FY OPERATING INCOME EUR ‍​413.2 MILLION, DOWN 22.2% YOY.FY REVENUE EUR ‍​2.41 BILLION, UP 24.0% YOY.FY DILUTED GOING CONCERN NAV PER SHARE EUR 174.3, UP 0.2% YOY.FY RECURRING NET RESULT (FFO) EUR 276.2 MILLION, UP 8% YOY.PROPOSES DIVIDEND OF EUR 12.75 PER SHARE.CONFIRMS 2020 FFO TARGET OF AROUND EUR 300 MILLION.SAYS WILL MAINTAIN DIVIDEND POLICY IN LINE WITH ONE FROM PREVIOUS YRS.SAYS AT END-DEC PIPELINE HAD EUR 18.11 BILLION IN POTENTIAL MARKET VALUE.  Full Article

BRIEF-Altarea Q1 Consolidated Revenue Down At 566.2 Million Euros

* Q1 CONSOLIDATED REVENUE EUR 566.2 MILLION VERSUS EUR 592.5 MILLION YEAR AGO