Beyond a “record performance” (management quote), Covivio guided for a lower FFO in FY 23, even if almost stable at constant perimeter. A great portion of the 2023 dividend will be paid in scrip and Covivio will accelerate its disposals in 2023-24. Not a sign of great confidence.
22 Feb 2023
A bit more cautiousness
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A bit more cautiousness
Covivio SA (COV:PAR) | 0 0 2.3% | Mkt Cap: 6,604m
- Published:
22 Feb 2023 -
Author:
Christian Auzanneau -
Pages:
5
Beyond a “record performance” (management quote), Covivio guided for a lower FFO in FY 23, even if almost stable at constant perimeter. A great portion of the 2023 dividend will be paid in scrip and Covivio will accelerate its disposals in 2023-24. Not a sign of great confidence.