Icade SA
ICAD
ISIN FR0000035081 / Valor 497389
Icade SA
UMushroom community rating:
About company
Icade SA is a prominent real estate company based in France, specializing in both commercial property investment and property development. The company has a significant presence in the real estate industry, with a portfolio strategically located in the Paris region and other major French cities. Icade operates with a workforce of 1,067 employees and is known for its expertise in developing residential and office properties, as well as large-scale public amenities. It aims to foster the development of greener, smarter, and more responsible cities through its projects. The company is listed on Euronext Paris under the "SIIC" status, with the Caisse des Dépôts group being its leading shareholder. Icade's approach to real estate development is characterized by its commitment to long-term partnerships and its focus on addressing climate issues and preserving biodiversity within its business model.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (10.01.2025):
Revenue Overview
In the first quarter of 2023, Icade SA reported a total revenue of €1,656.9 million. This represents a slight increase compared to the restated revenue of €1,568.5 million for the same period in 2022. The growth was primarily driven by an increase in income from construction and off-plan sale contracts.
Net Profit/Loss
Icade SA experienced a significant net loss of €1,290.6 million in Q1 2023. This is a stark contrast to the net profit of €221.9 million reported in the same quarter of the previous year. The loss was largely attributed to changes in the fair value of investment properties and other financial adjustments.
Earnings Per Share
The basic earnings per share for Icade SA in Q1 2023 was reported at a negative €16.50. This includes a loss of €16.02 per share from continuing operations and a loss of €0.48 per share from discontinued operations. The diluted earnings per share mirrored these figures.
Comprehensive Income
Icade SA's comprehensive income for Q1 2023 was a loss of €1,320.2 million. This includes a comprehensive loss attributable to the Group of €1,276.6 million, with €1,238.8 million from continuing operations and €37.8 million from discontinued operations. The comprehensive income also reflects changes in cash flow hedges and actuarial gains and losses.
Cash Flow from Operating Activities
For Q1 2023, Icade SA reported a net cash flow from operating activities of €308.2 million. This is a decrease from the €506.8 million reported in the same period of the previous year. The reduction in cash flow was influenced by higher tax expenses and changes in working capital requirements.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1747 M
Market cap (USD)
165,605
Daily traded volume (Shares)
22.34 / 21.96
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
