Argan and Decathlon Modernize Warehouses to Cut CO? Emissions
Argan and Decathlon have undertaken the modernization of their warehouse heating systems in France to enhance energy performance, according to a press release.
According to the press release, Argan and Decathlon have replaced gas boilers at four warehouses, covering more than 170,000 m² of logistics space, with state-of-the-art heat pumps. These installations aim to reduce energy consumption as well as CO? emissions, with an estimated impact of 700 tons of CO? avoided each year. This project is part of Argan's ambitious goal to reduce its carbon emissions from 24,000 tons in 2022 to 12,000 tons by 2030, a reduction of 50%.
Sustainable Collaboration in Warehouse Heating Modernization
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The modernization of the warehouse heating systems falls within the framework of a sustainable collaboration between Argan and Decathlon. The work was coordinated and carried out without disrupting logistic activities, the two companies indicate. According to Stéphane Cassagne, Director of Development and Asset Management at Argan, this deployment illustrates the group's ability to offer effective and sustainable solutions, directly contributing to their climate objectives.
Argan's Commitment to Environmental Policy
Listed on Euronext Paris, Argan specializes in the development and leasing of warehouses in France. With a portfolio of 3.7 million m² valued at 4.0 billion euros and an annual rental income of more than 210 million euros as of June 30, 2025, Argan continues to engage in an ambitious environmental policy. The group has received an Investment Grade rating and is recognized for its ESG initiatives by several organizations, thus strengthening its market leadership position.
Sur la base des très bonnes réalisations du premier semestre, et tenant compte du calendrier des livraisons de 2026, ARGAN révise à la hausse l'objectif annuel
Risks mentioned
Marge sur revenus du résultat net récurrent a diminué à 71 %.
Opportunities identified
Accélération du développement avec des livraisons avancées pour 2026.
Outlook / guidance
Expected revenue: 221 millions d'euros
Management commentary: l'objectif annuel d'environ 6 € par action
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