Strong increase in main financial indicators Rental income: +11% to €184 million (initial target: €182 million) Recurring net income - group share: +5% to €126 million (initial target: €124 million) Dividend: €3.152 in respect of 2023 (+5% vs. 2022) Consolidated Group share net income: -€263.5 million, including a portfolio fair value impact of -€373.2 million Maintained solid balance sheet LTV at 49.7% (under the initial assessment of an exceeded 50% threshold): set to clearly decrease starting 2024 and much...
Rental income for the first nine months: €137 million Occupancy rate: 100% 2023 targets confirmed Yearly rental income: €183 million, up +10% Recurring net income: €124 million, up +4% 2023 dividend: €3.15 per share, i.e., up +5% Find out more...
Net Recurring Income: €63 million, up +8% NAV EPRA NTA per share: €78.1 2023 updated yearly targets Strategic plan confirmed Find out more...
Argan records excellent first half-year 2023 Rental income grew by +11% to €91m 2023 rental income target for the year revised upwards to €183m Find out more...
Rental income of €45.2 m in Q1 2023 A development pipeline of over €300m for 2023 and 2024 A 2% cost of debt No need for refinancing by 2026 Find out more...
ARGAN joins the best performing listed real estate by integrating the EPRA index Find out more...
Recurring net income up +6% to €119m. Dividend 2022 up +15% to €3.0 per share. Expected rental income in 2023 up +10% to €182m. Find out more...