ARGAN announced strong financial results for the first half of 2025, with a significant increase in rental income and net recurring profit. They also confirmed their 2025 objectives, including a growth target of 6% for rental income and 11% for net recurring profit, along with reducing their LTV EPRA below 40%. Financial performance at the end of June 2025 showed positive growth in key financial indicators, such as rental income and net consolidated profit. The company also maintained a 100% occupancy rate for its warehouses, outperforming market vacancy rates. They are on track to achieve their growth and deleveraging goals for 2024-2026, with planned investments of over 200 million euros. Additionally, ARGAN has initiated the sale of a portfolio of warehouses as part of their debt reduction plan, aiming to reduce debt ratios further by the end of 2025. The company’s cost of debt decreased to 2.10% by June 2025, reflecting their prudent debt management strategy.
Read more at GlobeNewswire: ARGAN : S1 2025 – Forte croissance et objectifs 2025