*We have updated our model on the group’s positive FY15 figures. We maintain our positive stance on the French office pure play but hold a wait-and-see position on future investments and/or extra dividend payment* *FY 15 figures:* * GRI at €574.6m was up 6% and came in above expectations of €572m. Recurrent net income GS climbed by +12.2%, and EPS at €5.61 gained 8.6% and stood marginally in line with our expected (€5.60) and the revised guidance. The dividend was an
01 Mar 2016
Solid figures in 2015 but bottom-line dilution from Gecimed ahead
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid figures in 2015 but bottom-line dilution from Gecimed ahead
Gecina SA (GFC:WBO) | 0 0 2.8% | Mkt Cap: 11,480m
- Published:
01 Mar 2016 -
Author:
Alda Kule Dale -
Pages:
3
*We have updated our model on the group’s positive FY15 figures. We maintain our positive stance on the French office pure play but hold a wait-and-see position on future investments and/or extra dividend payment* *FY 15 figures:* * GRI at €574.6m was up 6% and came in above expectations of €572m. Recurrent net income GS climbed by +12.2%, and EPS at €5.61 gained 8.6% and stood marginally in line with our expected (€5.60) and the revised guidance. The dividend was an