Argan SA (871.F)
- GlobeNewswire
ARGAN: Third quarter 2024 rental income - Strong +9% increase over 9 months to €149 million & Target for the year raised to €198 million
Quarterly financial information – Neuilly-sur-Seine, Tuesday, October 1, 2024 – 5.45 pm Third quarter 2024 rental income:Strong +9% increase over 9 months to €149 millionTarget for the year raised to €198 millionRental income (IFRS) at September 30, 2024 (unaudited figures) € million Financial year 2024 Financial year 2023 Trends 1st quarter (Jan. - March) 48.1 45.2 +6% 2nd quarter (April - June) 50.0 45.7 +9% 3rd quarter (July - Sept.) 51.1 46.3 +10% Total for the first 9 months 149.2 137.2 +9%
- GlobeNewswire
ARGAN: Stéphane CASSAGNE joined the Executive Board
Press release – Neuilly-sur-Seine, September 4, 2024 – 5.45 pm Stéphane CASSAGNE joined the Executive Board Upon the recommendation of the Nomination and Remuneration Committee, ARGAN’s Supervisory Board has decided to appoint Stéphane CASSAGNE as member of the Executive Board from September 1, 2024. Stéphane CASSAGNE is 57 and holds a master's degree in commercial law and a French postgraduate diploma (DESS) in business law. He also has a large experience in the logistics sector as he previousl
- GlobeNewswire
HALF-YEAR 2024: ARGAN ACHIEVED A DOUBLE WIN BY COMBINING GROWTH & DEBT REDUCTION
Half-year results – Neuilly sur Seine, Wednesday, July 24, 2024 – 5.45 pm Half-year 2024: ARGAN achieved a double win by combiningGROWTH & DEBT REDUCTION Sustained growth in main financial indicators Rental income: +8% at €98 millionRecurring net income – group share: +7% at €67 millionConsolidated net income – group share: €91 million Strong debt reduction EPRA LTV at 46%: down 4 points vs. end of 2023 Full success of a capital increase in an amount of €150 millionCost of debt maintained at 2.3
