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Argan SA (ARGAN.PA)

ARGAN.PA on Paris Stock Exchange

40.20EUR
18 May 2018
Change (% chg)

€-0.50 (-1.23%)
Prev Close
€40.70
Open
€40.70
Day's High
€41.70
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€40.00
Volume
2,273
Avg. Vol
4,273
52-wk High
€45.00
52-wk Low
€32.25

Latest Key Developments (Source: Significant Developments)

Argan FY Recurring Net Result 49 Million Euros, Up 21 Pct‍​
Wednesday, 17 Jan 2018 04:58am EST 

Jan 17 (Reuters) - ARGAN SA ::FY RECURRING NET RESULT EUR 49 MILLION, UP 21 PCT‍​.DIVIDEND OF EUR 1.02 PER SHARE, UP 11 PERCENT YOY.2017 RENTING REVENUE EUR 76 MILLION, UP 13 PERCENT YEAR ON YEAR.SEES PORTFOLIO OF EUR 2 BILLION WITHIN FIVE YEARS ‍​.FY EBITDA € 68.5 M INCREASES BY 12% COMPARED TO 2016.FY NET INCOME EUR ‍​91.7 MILLION VERSUS EUR 95.2 MILLION YEAR AGO.NET CASH FLOW AFTER FINANCIAL DEBT AND CURRENT TAX IS AT € 49.9 M WITH GROWTH OF 23%.  Full Article

Argan Q4 Rental Revenue Rises To 20.2 Million Euros
Tuesday, 2 Jan 2018 11:45am EST 

Jan 2 (Reuters) - ARGAN SA ::Q4 RENTAL REVENUE EUR 20.2 MILLION VERSUS EUR 17.6 MILLION YEAR AGO.2017 OCCUPATION RATE 99 PERCENT.VALUE OF PROPERTY AT END 2017 EUR 1.3 BILLION, UP 23 PERCENT.  Full Article

Argan acquires set of warehouses totaling 65,000 sq.m from Groupe Idec Invest
Thursday, 9 Nov 2017 11:44am EST 

Nov 9 (Reuters) - ARGAN SA ::CONFIRMS OBJECTIVE OF 12 PERCENT GROWTH IN RENTAL INCOME IN 2017, TO EUR 75 MILLION.POST-AQUISITION TOTAL SURFACE OF CO'S ASSETS REACHES 1,550,000 SQ.M.WITH DELIVERIES OR ACQUISITIONS REMAINING TO BE COMPLETED BY END OF YEAR, EXPECTS PORTFOLIO TO REACH 1,615,000 SQ.M BY DEC. 31.ACQUIRES SET OF WAREHOUSES TOTALING 65,000 SQ.M FROM GROUPE IDEC INVEST.  Full Article

Argan says Banque Degroof Petercam completes private placement of 1.2 million of co's shares‍​
Friday, 27 Oct 2017 03:29am EDT 

Oct 27 (Reuters) - ARGAN SA : :SAYS INFORMED OF COMPLETION OF PRIVATE PLACEMENT BY BANQUE DEGROOF PETERCAM OF 1.2 MILLION ARGAN SHARES‍​.PLACEMENT: PRICE PER SHARE IS EUR 36.0 ‍​.  Full Article

Argan projects acquisition of two warehouses in Moissy Cramayel
Thursday, 26 Oct 2017 11:53am EDT 

Oct 26 (Reuters) - ARGAN SA ::PROJECT OF ACQUISITION OF TWO WAREHOUSES WITH TOTAL AREA OF ABOUT 45,400 SQ. M LOCATED IN MOISSY CRAMAYEL.  Full Article

Argan issues 2,500 bonds with unit value of 10,000 euros
Wednesday, 15 Feb 2017 11:32am EST 

Argan SA : Bond issue of 25 million euros ($26.46 million) with interest of 2.65 percent with maturity of 5 years .Issues 2,500 bonds with unit value of 10,000 euros, with interest rate of 2.65 percent per year and maturing on Feb 14, 2022.  Full Article

Argan Q3 rental revenue down 2 pct at 16.6 mln euros
Monday, 3 Oct 2016 11:45am EDT 

Argan SA :Q3 rental revenue 16.6 million euros ($18.6 million) versus 17.0 million euros year ago.  Full Article

Argan H1 rental income down 2 pct to 32.9 million euros
Thursday, 21 Jul 2016 11:45am EDT 

Argan SA : H1 rental income 32.9 million euros ($36.23 million), down 2 pct . H1 current operating income 30.0 million euros, down 1 pct . H1 recurring net income 18.8 million euros, down 1 pct . EPRA triple net asset value per share including rights as of June 30 of 25.7 euro, up 8 pct compared to Dec. 31, 2015 . Occupancy rate as of June 30 of 98 pct at same level as Dec. 31, 2015 .Confirms 2018 objectives of 72 million euros annual rental revenue, net LTV at 60 pct and NAV including rights at 30 euro per share.  Full Article

Argan H1 rental revenue down at 32.9‍​ million euros
Friday, 1 Jul 2016 11:45am EDT 

Argan SA : H1 rental revenue 32.9‍​ million euros versus 33.4 million euros ($37.19 million) year ago . Group's property portfolio amounts to 1,300,000 m² at 30 June 2016 .Occupancy rate remains at 98 percent at 30 June 2016.  Full Article