Icade (CDMGF) This autumn 2024 Earnings Name Transcript
Icade (OTCPK:CDMGF) This autumn 2024 Earnings Convention Name February 19, 2025 4:00 AM ET
Firm Contributors
Nicolas Joly – Chief Government Officer
Christelle de Robillard – Chief Monetary Officer
Convention Name Contributors
Stéphane Afonso – Jefferies
Florent Laroche-Joubert – ODDO BHF
Jon Kownator – Goldman Sachs
Markus Kulessa – Financial institution of America
Alex Kolsteren – Kempen
Adam Shapton – Inexperienced Avenue
Sam King – BNP Paribas Exane
Operator
Good day, and welcome to as we speak’s Icade Full Yr 2024 Outcomes Presentation. All through as we speak’s recorded presentation, all members can be in a listen-only mode. Later, we are going to conduct a question-and-answer session. [Operator instructions]
And now, I might like at hand the decision over to your host Mr. Nicolas Joly, CEO. Please go forward sir.
Nicolas Joly
Thanks. Good morning, Nicolas Joly talking. Properly, thanks all for being right here as we speak on this name. Together with Christelle De Robillard, we’re delighted to current this morning our 2024 earnings. This presentation can be, after all, adopted by a Q&A session.
So let’s begin to slide 4 for an summary of the primary messages for the complete 12 months 2024. In 2024, the group’s internet present money stream quantities to €3.98 per share above the steerage. That is primarily defined by the resilience of the property funding division with income progress supported by indexation. The operational efficiency of property improvement is contrasted with the primary half, marked by an exhaustive evaluation of our operation to regulate to market situations and the second half extra optimistic with an upturn in particular person orders.
One 12 months after the announcement of ReShapE strategic plan, we can be completely happy as we speak to share with you the primary concrete steps taken in 2024. As well as on the finish of 2024, the group’s steadiness sheet stays strong with affordable LTV and a excessive degree of liquidity.
