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Icade SA ( (FR:ICAD) ) has issued an update.
Icade SA reported its 2024 financial results, showcasing resilience with a Current Net Cash-Flow exceeding guidance at €3.98 per share. The company made significant progress on its ReShapE strategic plan, including data center projects and a partnership on student residences. Despite economic uncertainties, Icade improved its carbon performance and maintained strong liquidity, positioning itself as a leader in sustainable urban development. The 2024 dividend was set at €4.31 per share, and the company provided a cautious yet optimistic 2025 outlook.
More about Icade SA
Icade SA is a prominent player in the real estate industry, focusing on property investment and development. The company is involved in building sustainable mixed-use developments and has a strategic interest in city entry points and student residences.
YTD Price Performance: -1.10%
Average Trading Volume: 21,109
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €1.73B
For an in-depth examination of ICAD stock, go to TipRanks’ Stock Analysis page.