The still robust indexation, well above global inflation, brought half of the organic growth in Q3 19, as it did in H1 19. In Q4 19 and Q1 20, Mercialys and other similar companies will benefit from the positive basis effect of the impact from the French Yellow Vests protests (Q4 18 and Q1 19). Reassuring figures are therefore due in the next two quarters, or a positive optical illusion vs. the long-term transformation issues in the shopping mall industry.
17 Oct 2019
Not that bad indeed !
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Not that bad indeed !
Mercialys SA (MERY:PAR) | 0 0 1.4% | Mkt Cap: 1,522m
- Published:
17 Oct 2019 -
Author:
Christian Auzanneau -
Pages:
3
The still robust indexation, well above global inflation, brought half of the organic growth in Q3 19, as it did in H1 19. In Q4 19 and Q1 20, Mercialys and other similar companies will benefit from the positive basis effect of the impact from the French Yellow Vests protests (Q4 18 and Q1 19). Reassuring figures are therefore due in the next two quarters, or a positive optical illusion vs. the long-term transformation issues in the shopping mall industry.