Half Year 2023 VGP NV Earnings Call Transcript
Welcome to the VGP First Half 2023 Financial Results. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand over to your host, Jan Van Geet, CEO, to begin today's call. Thank you.
Thank you very much for the introduction, and good morning to everybody on this call at the occasion of the presentation of our first half 2023 financial results. I will immediately start with the highlights of the first half.
So we had a very busy first half. We signed EUR 36.2 million new and renewed lease agreements, and that brings the total committed annualized rental income to EUR 328.1 million, or an increase of 8.2% year-to-date. And there is a lot in the pipeline, so we are very confident for the second half year.
The net rental and renewal energy income on the back of more than 1 million square meter deliveries last year, grew a lot on a look-through basis, with more than 60% year-on-year to EUR 75.6 million and we had quite some cash recycling
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
