France · Delayed Price · Currency is EUR Carmila Earnings Call Transcripts
Fiscal Year 2026
-
Strong H1 2026 results featured revenue and profitability growth, a 2.6% rise in portfolio value, and an upgraded EPS guidance. Record leasing, strategic acquisitions, and innovation in Retail Media and Specialty Leasing drove performance, with Spain showing standout growth.
Fiscal Year 2025
-
Profitable growth in 2025 was driven by organic, investment, and innovation engines, with net rental income up 8.8% and EPS up 9%. Guidance for 2026 targets 2% EPS growth, continued strong shareholder returns, and further upside from acquisitions.
-
2024 saw robust growth in recurring EPS, net rental income, and portfolio value, driven by strong leasing, Galimmo integration, and disciplined capital allocation. 2025 guidance targets further EPS growth, a new share buyback, and continued asset transformation.
Fiscal Year 2024
-
2024 saw robust growth with recurring EPS up 4.5% and net rental income rising 8.3%, driven by strong leasing and the Galimmo integration. The portfolio expanded to 251 centers, with a record 96.7% occupancy and a 13% valuation increase. 2025 guidance targets further EPS growth and a new share buyback.
-
Strong H1 2024 performance with 3.4% rent growth and stable portfolio values. Galimmo acquisition is immediately accretive, raising EPS guidance to EUR 1.65 for 2024. Leverage remains below 40% LTV, and specialty leasing and agile projects drive future growth.