Cedar Woods Properties Ltd (ASX:CWP)
A$ 5.77 0.11 (1.94%) Market Cap: 467.01 Mil Enterprise Value: 589.63 Mil PE Ratio: 11.90 PB Ratio: 1.03 GF Score: 87/100

Half Year 2021 Cedar Woods Properties Ltd Earnings Call Transcript

Feb 17, 2021 / 01:00AM GMT
Release Date Price: A$7.18 (+0.28%)
Operator

Thank you for standing by, and welcome to the Cedar Woods FY '21 Half Year Results Presentation. (Operator Instructions)

I would now like to hand the conference over to Mr. Nathan Blackburne, Managing Director. Please go ahead.

Nathan John Blackburne
Cedar Woods Properties Limited - MD & Executive Director

Good morning, and welcome to the first half results for FY '21 for Cedar Woods Properties Limited. I am Nathan Blackburne, and with me is our CFO, Leon Hanrahan. Together, we are going to give you a summary of our first half financial results, comment on market conditions, provide a portfolio overview and finish with our outlook.

Cedar Woods is an ASX 300 property company with a market capitalization of around $550 million. We develop a diverse range of products with residential land estates, townhouses, apartments as well as commercial projects. We've got over 8,400 lots in our project pipeline, and this is across 4 states. We have quality projects with many in areas of high amenity, close to transport and commercial hubs. We have a

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