Icade Sa · EURONEXT:ICAD
Icade Sa — Q3 2022 Earnings Presentation
12 slides from Icade Sa's earnings presentation, Oct 24, 2022
Slide 1: Results as of September 30, 2022
DESIGNING, BUILDING, MANAGING AND INVESTING in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint. Desirable places to live and work. This is our ambition. This is our goal. This is our Purpose. RESULTS as of September 30, 2022
Slide 2: Disclaimer
DISCLAIMER This presentation is not an offer or an invitation to sell or exchange securities, or a recommendation to subscribe, buy or sell Icade securities. Distribution of this document may be restricted in certain countries by legislation or regulations. As a result, any person who comes into pos
Slide 3: Agenda
1. 2022 Q3 Key takeaways 2. Business performance by business line AGENDA 3. Outlook RESULTS AS OF SEPTEMBER 30, 2022 MONDAY, OCTOBER 24, 2022 3
Slide 4: 2022 Q3 Key takeaways
1. 2022 Q3 Key takeaways RESULTS AS OF SEPTEMBER 30, 2022 UNIVERSITY OF CHICAGO MONDAY, OCTOBER 24, 2022 4 Paris, 13th district
Slide 5: Revenue as of September 30, 2022 – Group share and IFRS
1. 2022 Q3 KEY TAKEAWAYS REVENUE AS OF SEPTEMBER 30, 2022 – GROUP SHARE AND IFRS Revenue at €1,174.5m (in group share), up +3.4% vs. September 2021 Revenue at €1,248.7m (on a 100% basis), up +2.0% vs. September 2021 Chg. 2022 LFL chg. 2022 (in €m) 09/30/2022 09/30/2021 vs. 2021 (%) vs. 2021 (%) Gros
Slide 6: Q3 2022 – Key takeaways
1. 2022 Q3 KEY TAKEAWAYS Q3 2022 – KEY TAKEAWAYS Solid operational performance across the 3 business lines • Office Property Division: Solid leasing activity (>110,000-sq.m signed or renewed YTD); resilient growth in a context of dynamic asset rotation • Healthcare Property Division: A still steadil
Slide 7: Business performance by business line
2. Business performance by business line SO WOOD RESULTS AS OF SEPTEMBER 30, 2022 Montpellier, Hérault MONDAY, OCTOBER 24, 2022 7
Slide 8: Office Property Investment – Q3 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE OFFICE PROPERTY INVESTMENT – Q3 2022 KEY HIGHLIGHTS Solid leasing activity Positive impact of inflation A very active asset management 100% +2.5% c. +3% >110,000 sq.m >€23m 6.5 years leases indexed Indexation effect on rents over 9M 2022 Expected full year im
Slide 9: Healthcare Property Investment – Q3 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE HEALTHCARE PROPERTY INVESTMENT – Q3 2022 KEY HIGHLIGHTS GRI: Steady growth, mainly driven by international acquisitions, Acknowledgment of new market environment: slowdown of predominance of acute care facilities investment activity and increased selectivity
Slide 10: Property Development – Q3 2022 key highlights
2. BUSINESS PERFORMANCE BY BUSINESS LINE PROPERTY DEVELOPMENT – Q3 2022 KEY HIGHLIGHTS Solid indicators Emblematic operation signed in Q3 Total Housing orders c. €850m Roughly stable vs. Q3 2021 +5% Orders for housing units Change in value Strong demand confirmed c. €200m revenue (1) vs. Q3 2021 >40
Slide 11: Outlook
3. Outlook FRESK Paris, 15th district RESULTS AS OF SEPTEMBER 30, 2022 & Issy-les-Moulineaux MONDAY, OCTOBER 24, 2022 11
Slide 12: Outlook: we confirm our FY 2022 outlook
OUTLOOK WE CONFIRM OUR FY 2022 OUTLOOK 2022 Group NCCF per share Up ≈+4% excluding impact of 2022 disposals 2022 Healthcare Investment NCCF Up ≈+5/6% 2022 dividend Up ≈+3/4% (subject to General Meeting approval) WOOD ART, Toulouse, Haute-Garonne Subject to Covid-19 and geopolitical situation Next ke