Gecina operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gecina with three other
Real estate operators in Europe:
Akelius Residential Property AB (publ)
of SWEDEN
(2019
sales of 7.12 billion Swedish Kronor [US$807.63 million]
),
Grand City Properties Sa
of LUXEMBOURG
(560.30 million Euros [US$662.29 million]
of which 100%
was Rental income), and
Fastighets AB Balder
which is
based in SWEDEN
(8.01 billion Swedish Kronor [US$909.05 million]
of which 30%
was Helsinki).
Sales Analysis.
Gecina reported sales of 673.49 million Euro (US$796.08 million)
for the
year ending
December of 2019.
This
represents
a very small
increase of 1.8%
versus 2018, when the company's sales were 661.72 million Euro.
This was the fourth straight year of sales growth at Gecina.
Sales of Student Residences saw an increase
that was more than double the company's growth rate: sales were up
16.7% in 2019, from
16.84 million Euro to 19.65 million Euro.
Gecina also saw significant increases in sales in
Commercial (up 2.5% to 536.94 million Euro)
.
Not all segments of Gecina experienced an increase in sales in 2019:
sales of Other Business fell 27.2% to 11.23 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).