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    ARG   FR0010481960

ARGAN

(ARG)
  Report
Real-time Euronext Paris  -  10:04:54 2023-02-02 am EST
80.70 EUR   +5.77%
01/24Half year assessment at end of december 2022 liquidity contract with Oddo
GL
01/24Half year assessment at end of december 2022 liquidity contract with Oddo
AQ
01/19Argan : Recurring net income for 2022 up +6% to €119m
GL
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ARGAN takes delivery of a new 15,000 sq.m fulfilment centre in Compans

11/16/2022 | 11:46am EST

Press release – Wednesday 16 November 2022 – 17h45

 ARGAN takes delivery of a new 15,000 sq.m fulfilment centre in Compans

ARGAN is investing in a new fulfilment centre near Roissy CDG airport. With a surface area of 15,300 sq.m, this site will host the teams of COLIS PRIVE, a specialist in BtoC parcel delivery, under a long-term lease of 12 years.

This sorting and distribution center is organized around a 14,200 sq.m double-sided fulfilment hall
double-sided mailroom distributed by 89 platforms. An office block of about 1,000 sq.m completes the building which represents a total of 15,300 sq.m.

Developed by VIRTUO, on behalf of ARGAN, this new project is intended to be exemplary from an environmental point of view and is aiming for BREEAM "Excellent" certification and the "Base" level of the Biodivercity label. In addition to a photovoltaic power plant for self-consumption, the parking spaces for cars have not been waterproofed in order to limit the soil artificialization, while an apiary has been installed as part of the "Bee as a sentinel of the environment" program in partnership with UNAF (French National Bee-keeping Union).

This site hosts the teams of COLIS PRIVE, which has signed a long-term lease of 12 years.

COLIS PRIVE is the leading private operator in BtoC parcel delivery in France and is the last mile specialist. The company delivers parcels from e-merchants to end consumers within 24 to 48 hours. The Compans site is part of a network of 4 national hubs serving a network of 110 regional agencies.

Located within the Roissy Pays-de-France Urban Community, just a stone's throw from Roissy-CDG airport, the Compans site is at the heart of a major logistics hub in the Paris region.

With this new location, ARGAN confirms its ability to invest in the entire spectrum of logistics real estate, from XXL platforms to courier platforms located in the heart of urban areas.

Financial calendar 2023 (Publication of the press release after closing of the stock exchange)

  • 3rd January 2023: Annual sales 2022
  • 19th January 2023: 2022 Results presentation

About Argan

ARGAN is the only French real estate company specialising in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT.
As at 30 June 2022, ARGAN’s portfolio amounted to 3.3 million sq.m, comprising approximately 100 warehouses located exclusively in France, valued at €4.0 billion. ARGAN is listed on Compartment A of Euronext Paris (ISIN FR0010481960 - ARG) and is included in the CAC All-Share and IEIF SIIC France indices. The company opted for the listed real estate investment companies (SIICs) tax regime on 01 July 2007.
www.argan.fr

 Francis Albertinelli - Directeur Administratif et Financier
Tél : 01 47 47 05 46
E-mail : contact@argan.fr
www.argan.fr
Aude Vayre – Relations presse

Tél : 06 14 64 15 65
E-mail : argan@citigatedewerogerson.com
  

Attachment


All news about ARGAN
01/24Half year assessment at end of december 2022 liquidity contract with Oddo
GL
01/24Half year assessment at end of december 2022 liquidity contract with Oddo
AQ
01/19Argan : Recurring net income for 2022 up +6% to €119m
GL
01/19Argan : Recurring net income for 2022 up +6% to €119m
GL
01/16Argan Wins 10-year Lease For Logistics Park In Paris
MT
01/16Argan Has Regained Its 100% Occupanc : DISNEYLAND PARIS on 26,000 sq.m in Ferrières-en-Bri..
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01/03Argan : Growth in rental income to €166 million up +6% in 2022
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2022Argan Boosts Share Buyback by Additional $25 Million; Maintains Quarterly Dividend of $..
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2022ARGAN strengthens its development team
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2022ARGAN strengthens its development team
AQ
More news
Analyst Recommendations on ARGAN
More recommendations
Financials
Sales 2022 165 M 180 M 180 M
Net income 2022 149 M 163 M 163 M
Net Debt 2022 1 827 M 1 995 M 1 995 M
P/E ratio 2022 11,6x
Yield 2022 3,93%
Capitalization 1 750 M 1 911 M 1 911 M
EV / Sales 2022 21,7x
EV / Sales 2023 20,3x
Nbr of Employees 26
Free-Float 43,8%
Chart ARGAN
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Argan Technical Analysis Chart | MarketScreener
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Technical analysis trends ARGAN
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 76,30 €
Average target price 96,00 €
Spread / Average Target 25,8%
EPS Revisions
Managers and Directors
Ronan Le Lan Chairman-Management Board & CEO
Francis Albertinelli Director-Admin & Finance & Member-Executive Board
Jean-Claude Le Lan Chairman-Supervisory Board
Florence Soulé de Lafont Member-Supervisory Board
François-Régis de Causans Member-Supervisory Board
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