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Altarea confirms its FFO growth target for 2024

Alain Taravella (DR)
Alain Taravella (DR)
By La rédaction Business Immo
July 30, 2024 | 5:22 P.M.

Translated from French.

Altarea has unveiled its financial results for H1 2024*. The Group reports consolidated sales of €1.1 billion, down 4.2% on H1 2023. This decline is attributable to "the downturn in property development, both residential (-4.3%) and commercial (-21.9%)", while retail sales "rose sharply (+9.7%)".

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