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Patrimoine et Commerce ( (FR:PAT) ) has shared an announcement.
Patrimoine & Commerce reported a significant increase in net profit attributable to the group by 41.1% for the fiscal year 2024, with a valuation of buildings at €904 million, and announced a dividend of €1.35 per share. The company continues its growth with strong leasing activity, achieving a financial occupancy rate of 95.4% and a rent and charge recovery rate of 99%, while managing to maintain a stable recurrent net profit amidst increased structural costs and financial debt.
More about Patrimoine et Commerce
Patrimoine & Commerce is a specialist real estate company focused on low-cost retail parks. The company operates in the real estate industry, primarily dealing with the management and development of retail properties, aiming to create value through strategic asset management and energy transition initiatives.
Average Trading Volume: 608
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €317.8M
For detailed information about PAT stock, go to TipRanks’ Stock Analysis page.