Q1 2025 Icade SA Earnings Call Transcript

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Apr 17, 2025

Apr 17, 2025 / 08:00AM GMT
Operator

Hello, and welcome to the conference call, Icade results as of March 31, 2025. Please note this conference is being recorded. (Operator Instructions)

I will now hand you over to your hosts, Nicolas Joly, CEO; and Bruno Valentin, CFO, to begin today's conference. Thank you.

Nicolas Joly - Icade SA - Chief Executive Officer, Member of the Executive Committee

Good morning. Nicolas Joly speaking. Well, thanks to everyone for being on the call today. Well, I'm happy to be here today with Icade's new CFO, Bruno Valentin, who's just joined the group last week. Delighted to welcome him to the team, and I'm sure he will make a great contribution to the financial team and to Icade.

So this morning, we are pleased to present Icade's results as of March 31, 2025. This presentation will be, of course, followed by a Q&A session.

So let's move to slide 5 for an overview of the main messages of the first quarter of the year. The Investment division reported a good rental activity with circa 50,000 square meters signed or renewed during the

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