Aradei Capital: increase in profits and dividends

Aradei Capital: increase in profits and dividends


Aradei Capital revealed his success in the past today. La Foncière recorded a good financial performance with sales of 606 million DH compared to 4% compared to 45 million DH compared to 441 million DH in the previous year, whereby the growth of 2% was founded in the annual shift of 441 million DH. The operating costs are 2024 156 million DH, an increase of 10% (+14 million DH) compared to 2023. The group’s net profit thus results from 305 million DH and an annual shift of 13%.

In 2024, the property was able to master its debt rate in 33% compared to 35% in the previous year. Note that the company has a portfolio of diversified real estate assets of almost 8 billion DH. The occupancy rate was 97%. For the past exercise, a dividend of 22 DH/ measures will be proposed at the next general meeting or +1.50 DH per action.

In addition, the last financial year La Foncière enabled two capital increases for a total amount of 650 million DH. Aradei has finally consolidated its investment dynamics, with more than 85,000 m² GLA being developed for strategic projects in Casablanca, and has strengthened in the health sector through “Aradei Health”, a special vehicle that is 100%devoted to, by “Aradei Health”.

“In 2024, one year is rich in achievements with a dynamic of the growth of the portfolio of operational assets, a strengthening in the health sector and the success of two capital increases. In order to support La Foncière’s development plan, Aradei Capital consolidates his government with the appointment of Mr. Nasser Benjelloun as managing director, ”C.Oment Lnawfal Bendefa, chairman of the Aradei Capital Board of Directors.

EMG





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