France's Carmila 2025 EPS rises 8.7%

Carmila SA

18/02/2026 16:49

Overview

European commercial real estate firm's 2025 EPS up 8.7% to €1.81, surpassing co's targets

Net rental income rose 8.8% to €403.1 mln

Company announced new €10 mln share buyback program starting February 2026

Outlook

Carmila expects 2026 EPS to rise 2% to €1.84, driven by organic growth

Company confirms net buyer strategy with €100 mln acquisitions target in 2026

Carmila anticipates NRI growth c.100 basis points above indexation in 2026

Result Drivers

ORGANIC GROWTH - Added 3.5% to net rental income, driven by strong leasing demand and agile projects

INVESTMENT GROWTH - Integration of Galimmo added 5.3% to net rental income

INNOVATION GROWTH - Contributed €27 mln to recurring earnings, driven by Specialty Leasing and Retail Media

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Gross Rental Income
EUR 434.40 mln
FY EPS
EUR 1.81
FY EBITDA
EUR 344.50 mln
FY EPRA NTA Per Share
EUR 26.52


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Carmila SA is €20.50, about 18.4% above its February 17 closing price of €17.32

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw2XcvvDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)