Quarterly financial information - Thursday
Continuing strong growth in rental income at the end of
Rental income (IFRS) as at
€m | Financial year 2020 | Financial year 2019 | Change |
1st quarter (Jan.-March) | 34.8 | 21.7 | +60% |
2nd quarter (April-June) | 34.7 | 23.4 | +48% |
3rd quarter (July-Sept.) | 36.5 | 22.9 | +59% |
Total Jan-Sept. | 106.0 | 68.0 | +56% |
In the 3rd quarter of 2020,
At the end of
This exceptional growth of 56% in rental income is due to the full-year effect of the 2019 deliveries and the acquisition at the end of last year of the CARGO portfolio consisting of 22 Premium logistics platforms located in
Two deliveries during the 3rd quarter
During the 3rd quarter of 2020,
- in August, delivery of a 7,400 sqm fulfilment centre located in Billy-Berclau, a few kilometres in the north of Lens, leased to
DPD France , a subsidiary of DPDgroup, n°2 on the European parcel delivery market ; - in September, delivery of a 21,500 sqm refrigerated warehouse located in Vendenheim, a few kilometres in the north of
Strasbourg , leased to Auchan, which is aiming for a BREEAM Good certification and is equipped with a rooftop photovoltaic power plant dedicated to the operator's own use.
Return to a 100% occupancy rate
As at
Financial calendar 2020 (Publication of the press release after closing of the stock exchange)
04 January 2021 : Annual revenue 202020 January 2021 : Annual results 2020
About
As at
www.argan.fr
Tel: 01 47 47 05 46 E-mail: contact@argan.fr www.argan.fr | Tel: +33 6 14 64 15 65 Tel: +33 6 64 12 53 61 E-mail: argan@citigatedewerogerson.com |
Attachment
- 20201001 - Rental income Q3 2020 - English version
© OMX, source