Covivio SA

COV

Equity

ISIN FR0000064578 / Valor 513056

Euronext - Euronext Paris (2025-11-18)

EUR 55.20-0.36%

Covivio SA
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About company

Covivio SA is a prominent player in the European real estate market, with a diverse portfolio of €23.1 billion consisting of offices, housing, and hotels in key European cities. The company positions itself as an investor, developer, manager, and service designer, aiming to create a positive user experience and shape the future urban landscape. Covivio's ambition is to support companies, hotel brands, and local communities in enhancing their attractiveness, driving transformation, and achieving responsible performance goals.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

Covivio SA achieved a 9% increase in revenue during the first half of the year, with a 5% rise on a like-for-like basis, reflecting robust operational performance.

Hotel Segment Performance

The hotels consolidated in 2024 experienced over a 10% growth in both revenue and value, showcasing the strength and expansion of Covivio’s hospitality portfolio.

Strategic Acquisitions

The acquisition of a minority stake in CB21 has been immediately value accretive, enhancing Covivio’s overall portfolio and market position.

Recurring Earnings

Recurring earnings saw a substantial increase of 14%, underscoring the effectiveness of Covivio’s ongoing initiatives to enhance profitability.

Future Guidance

Building on its strong first-half performance, Covivio SA has raised its recurring earnings guidance for 2025, setting the stage for continued growth in the second half of the year.

Summarized from source with an LLMView Source

Key figures

7.39%1Y

-3.58%3Y

-24.1%5Y

Performance

23.5%1Y

26.2%3Y

29.2%5Y

Volatility