Altarea Cogedim announced unaudited consolidated revenue results for the first quarter ended March 31, 2016. For the quarter, the company reported revenue of EUR 321.2 million, up 16.2% compared to EUR 276.3 million a year ago.

For 2016, the company expects FFO Group share, to be at the upper end of the 15% to 20% range. Business development successes further confirm medium term prospects: FFO Group share should continue to grow by around 5% to 10% per year after 2016.