2012 Year End Results Roadshow Presentation

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "2012 Year End Results Roadshow Presentation"

Transcription

1 2012 Year End Results Roadshow Presentation March 2013 Casino, Ile de France

2 Overview SEGRO is a leading European Industrial REIT with AUM of 5.3bn (SEGRO share: 4.7bn) Portfolio concentrated in the most attractive markets - London s Western Corridor (including the Thames Valley) - Major conurbations and distribution markets in Germany, France & Poland Germany France Rest of London Portfolio by geography 1 Poland Other Park Royal Thames Valley Heathrow UK Logistics Predominantly focused on modern warehousing, edge of town light industrial/distribution parks and data centres 14 months into a 3+ year strategic programme which will change the portfolio make-up, deliver operational improvements and drive future performance Non-core (including land) Offices Data centres Portfolio by asset type 1 Land & development Larger logistics warehouses Smaller warehouses & light industrial buildings 1 1 Excluding disposals completed post year end

3 Our portfolio Larger logistics warehouses Smaller warehouses & light industrial buildings Data Centres 1.1bn portfolio; 2.1m sq m Big box sheds (>10,000 sq m) Generic buildings; wide range of users Located near key ports/airports/roads Relatively long leases Let to large retailers & 3PL providers 2.2bn portfolio; 2.7m sq m Multi-occupier estates/urban logistics Generic buildings; wide range of users Located in/around key conurbations Lease terms more varied More management intensive 0.3bn portfolio; 0.2m sq m Typically built on industrial land Generic shells Attract premium rents Long leases (>15 years) Industry specific locational needs Focused on modern industrial properties 2

4 Our vision To be the best owner-manager and developer of industrial properties in Europe And a leading income-focused REIT Offering attractive returns to shareholders in the form of a low risk, progressive dividend and long term growth in NAV 3

5 Three key elements to our strategy 1. Disciplined Capital Allocation (Reshaping the portfolio) 2. Operational Excellence Build a portfolio of modern, standardised and well specified & located assets Critical mass in the strongest markets where the long term supply/demand dynamics are most attractive Assets which require limited capex, are less management intensive and will benefit from a naturally high occupancy rate - Sell assets which do not fit these strategic criteria - Seek profitable growth in strategic assets, both through development and acquisition - Actively manage the portfolio (ongoing recycling) Deliver operational improvements across the business - Greater customer focus and market knowledge - capitalise on favourable growth drivers - Standardise processes and drive efficiency improvements - Reduce costs 3. Efficient Capital & Corporate Structure Reduce financial leverage over time (to reduce risk and volatility) Seek to partner with 3rd party capital providers (to accelerate growth and enhance risk-adjusted returns on capital) 4

6 A year of considerable progress 1. Portfolio re-shaping ahead of plan 700m of non-core disposals; secondary/higher risk assets at 7.2% yield 207m reinvested in acquisitions of modern logistics portfolios at 7.7% yield 218m reinvested in/committed to highly profitable development programme - 21 schemes delivered; 14 under construction; 9.6% average yield on TDC 2 2. Strong operational performance; 4.9% growth in EPRA EPS 1.9% growth in like for like net rent ( 3.9m) Vacancy rate at 8.2% (Core: 7.6%) lowest level for 10 years 8.1m net rental income growth from developments 10% reduction in total costs 4 th consecutive year of reduction Good performance in core markets, vindicating our strategic choices m net debt reduction; LTV at 50% 1 Long debt maturity profile; strong interest coverage and net debt/ebitda ratios Substantial covenant headroom; A- credit rating re-affirmed by Fitch Partnership with Moorfield to acquire UK logistics portfolio Significant improvement in portfolio quality, customer line-up, lease lengths and resilience - and a better yield profile 1 Pro forma for 152m of disposals completed post year end 2 Total Development Costs 5

7 Like for like valuation down 5.9%; Core Industrial -1.2% (IPD UK Industrial: -3.8%) Value 1 m Movement 2 % Yield 2,3 % Core portfolio (excluding offices) 3,553.5 (1.2) 7.7 Suburban offices (15.9) 8.4 Large non-strategic assets (29.5) Smaller non-core assets (10.6) 8.9 Total 4 4,655.3 (5.9) % Core industrial portfolio valuation movement 2 5.0% 2.5% 0.0% (2.5)% -1.7% -0.2% -1.5% 0.0% -1.7% -1.8% -0.5% 2.6% (5.0)% (7.5)% Heathrow Park Royal Slough Trading Estate Logistics Property Partnership Rest of Greater London IPD UK Industrial Index (-3.8%) Germany France Poland 1 Valuation including joint ventures at share (including land and development) 2 In relation to the completed properties only, including joint ventures at share 3 Net true equivalent yield 4 Including disposals completed post year end 5 Excluding Neckermann 6

8 Favourable demand/supply dynamics Limited supply of new buildings; attractive drivers of demand - On-going supply chain improvements by retailers, manufacturers & 3PLs - Growth in internet retailing, convenience shopping and B2B distribution requiring local delivery/fulfilment solutions - Increasing need for electronic data storage solutions driving demand for data centres - Recovery in high-tech/engineering-led production 7

9 Well positioned for 2013 and beyond Well located land bank to capitalise on growth opportunities - 685m of future capex; 84m of income; > 250m of development surpluses Attractive entry point to deploy capital through development and acquisitions Core assets now represent 87% of the total portfolio (June 2011: 69%) - Limited downside risk from remaining non-core assets ( 49m income; 583m capital value) IPD UK Industrial Capital Value Index (June 2007 = 100) Dec-02 Dec-04 Dec-06 Dec-08 Dec-10 Dec-12 London Industrials All Industrials IPD UK Industrial Rental Value Index (June 2007 = 100) Dec-02 Dec-04 Dec-06 Dec-08 Dec-10 Dec-12 London Industrials All Industrials Source: IPD Quarterly Index Q

10 2013 priorities 1. Re-shape the existing portfolio 300m-500m of non-core/ mature core asset disposals Subject to completion of asset management initiatives and pricing/market demand Reinvest in core markets and assets through development and acquisitions 2. Drive operational performance across the business Vacancy reduction and like for like rental growth Development pre-lets Further cost reductions 3. Reduce net debt and introduce 3 rd party capital Further reduction in net borrowings Explore use of 3 rd capital party to fund growth of Continental European big box logistics portfolio 9

11 Summary A year of considerable progress - Strategic portfolio reshaping ahead of plan - Strong operational performance - Net debt significantly reduced Well positioned for 2013 and beyond - Good underlying earnings momentum - Limited supply; attractive growth drivers - Excellent land bank for future expansion Creating the best owner-manager and developer of industrial properties and a leading income-focused REIT 10

12 Forward-looking statements This presentation may contain certain forward-looking statements with respect to SEGRO s expectations and plans, strategy, management s objectives, future performance, costs, revenues and other trend information. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that may occur in the future. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements and forecasts. The statements have been made with reference to forecast price changes, economic conditions and the current regulatory environment. Nothing in this presentation should be construed as a profit forecast. Past share performance cannot be relied on as a guide to future performance. 11

2011 Full Year Results. 21 February 2012

2011 Full Year Results. 21 February 2012 2011 Full Year Results 21 February 2012 0 Headlines Strong operating results due to portfolio quality and operational focus Further momentum to come from mainly pre-let development programme Reduction

More information

SEGRO in France. Marco Simonetti. 29 November 2012

SEGRO in France. Marco Simonetti. 29 November 2012 SEGRO in France Marco Simonetti 29 November 2012 0 Key Highlights Paris Region SEGRO French Portfolio Team Structure SEGRO Market position SEGRO French Strategy (Operational Excellence / Disciplined Capital

More information

2012 Half Year Results. 2 August 2012

2012 Half Year Results. 2 August 2012 2012 Half Year Results 2 August 2012 0 Headlines Further operational progress good underlying earnings momentum Encouraging start to the strategic reshaping of our portfolio NAV impacted by the non-core

More information

We are investors in UK property and our focus is on actively managing, financing and developing prime commercial property to

We are investors in UK property and our focus is on actively managing, financing and developing prime commercial property to We are investors in UK property and our focus is on actively managing, financing and developing prime commercial property to Investor Roadshow create the environment in which modern business can thrive.

More information

Capital & Counties Properties PLC Interim Results July

Capital & Counties Properties PLC Interim Results July Capital & Counties Properties PLC Interim Results 2016 26 July 2016 This presentation includes statements that are forward-looking in nature. Forward-looking statements involve known and unknown risks,

More information

Annual Report & Accounts

Annual Report & Accounts Annual Report & Accounts Overview 02 Financial Record 03 Chairman s Statement 04 At a Glance Strategic Report 06 Market Overview 12 Business Review 14 Business Model 16 Key Performance Indicators 18 Chief

More information

DCC Overview DCC is an international sales, marketing, distribution and business support services group operating across four divisions

DCC Overview DCC is an international sales, marketing, distribution and business support services group operating across four divisions Company Overview DCC Overview DCC is an international sales, marketing, distribution and business support services group operating across four divisions Profit by division * Profit by geography * 14% 4%

More information

Press Release. Third quarter valuation and business update

Press Release. Third quarter valuation and business update Press Release 31 January 2013 Third quarter valuation and business update In today s Interim Management Statement, the Directors of Great Portland Estates plc ( GPE or Group ) announce an update on trading,

More information

British Land A Flagship for UK REITs

British Land A Flagship for UK REITs Stephen Hester, Chief Executive 6 September 2007 We are real estate investors and create value by actively managing, financing and developing prime commercial property to provide the environment in which

More information

Transforming segro s performance. Property analysis 2011

Transforming segro s performance. Property analysis 2011 Transforming segro s performance Property analysis 2011 CONTENTS Overview 02 Combined property portfolio and yield reconciliation 03 Summary analysis 04 Analysis of completed portfolio 05 Supplementary

More information

Sponda Financial Results Q1 2016. 4 May 2016

Sponda Financial Results Q1 2016. 4 May 2016 Sponda Financial Results Q1 2016 4 May 2016 1. Highlights for the Period Kari Inkinen 2. Portfolio Development Pia Arrhenius 3. Business Environment and Business Update Kari Inkinen 4. Financials Niklas

More information

UDG Healthcare plc An International Healthcare Services Organisation

UDG Healthcare plc An International Healthcare Services Organisation UDG Healthcare plc An International Healthcare Services Organisation Jefferies 2014 Global Healthcare Conference 2014 Liam FitzGerald, CEO 20 November 2014 1 FORWARD LOOKING STATEMENTS Some statements

More information

Deutsche Wohnen AG.» German Jour Fixe 1-1 Conference Merrill Lynch. London, 27 April 2010

Deutsche Wohnen AG.» German Jour Fixe 1-1 Conference Merrill Lynch. London, 27 April 2010 Deutsche Wohnen AG» German Jour Fixe 1-1 Conference Merrill Lynch London, 27 April 2010 1 » Agenda 1. Deutsche Wohnen at a glance 2. Results of the financial year 2009 3. Financial highlights 2009 4. Strategic

More information

SVG Capital IMS Q3. 25 October 2013

SVG Capital IMS Q3. 25 October 2013 SVG Capital IMS Q3 25 October 2013 Highlights IMS Q3 Continued strong momentum; YTD + 27.1% NAV per share growth 2 NAV of 497.2p +3.5% in Q3 4.6% total return on the investment portfolio in Q3; total return

More information

Tel Aviv Road Show January 2012

Tel Aviv Road Show January 2012 Tel Aviv Road Show 10-12 January 2012 Johan Buijs CEO Daniël van Dongen CFO Civil engineer Age 46 Master in economy, chartered management accountant Age 40 Profile Tax efficient Dutch REIT / Listed on

More information

First half results presentation. October 2006

First half results presentation. October 2006 First half results presentation October 2006 CONTENTS - Mines de la Lucette Group - First step of the strategy - Assets at 30 June 2006 - Consolidated financial statements at 30 June 2006 - Second step

More information

2014 Half-year results Start of the acquisition phase

2014 Half-year results Start of the acquisition phase Press release 2014/07/23 2014 Half-year results Start of the acquisition phase The Board of Directors' meeting held on July 23, 2014 under the chairmanship of March Inch approved the half-yearly accounts

More information

Deutsche Wohnen AG.» Full Year Results 2009. Conference Call, 26 March 2010

Deutsche Wohnen AG.» Full Year Results 2009. Conference Call, 26 March 2010 Deutsche Wohnen AG» Full Year Results 2009 Conference Call, 26 March 2010 1 » Agenda 1. Results of the financial year 2009 2. Financial highlights 2009 3. Strategic objectives 4. Forecast 2 » 1 Results

More information

UBS Global Real Estate Conference. Offices: Bullish Times Ahead?

UBS Global Real Estate Conference. Offices: Bullish Times Ahead? UBS Global Real Estate Conference Stephen Hester, Chief Executive We are real estate investors and create value by actively managing, financing and developing prime commercial property to provide the environment

More information

Company Overview Presentation

Company Overview Presentation Company Overview Presentation December 2012 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any shares or other securities

More information

UniCredit German Investment Conference. September 23 rd, 2008

UniCredit German Investment Conference. September 23 rd, 2008 UniCredit German Investment Conference September 23 rd, 2008 1 » Agenda Deutsche Wohnen at a glance Operational Update Financial Highlights Targets and Outlook 2 » Who we are Deutsche Wohnen AG is an active

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Sponda Financial Results Q May 2015

Sponda Financial Results Q May 2015 Sponda Financial Results Q1 2015 5 May 2015 Highlights for the period Kari Inkinen Sponda s Q1 2015 in brief Occupancy rate at 86.8% (Q1 2014: 86.2%). Cash flow was strong despite the property divestments.

More information

Press release March 5, 2015

Press release March 5, 2015 2014 FULL YEAR RESULTS: GROWTH MOMENTUM CONFIRMED Acceleration of organic sales growth Further growth in Recurring Operating Income, up by +10.6% Net income from continuing operations up by +24.6% Increase

More information

CGI of Longbridge Town Centre, Birmingham INVESTOR PRESENTATION

CGI of Longbridge Town Centre, Birmingham INVESTOR PRESENTATION CGI of Longbridge Town Centre, Birmingham INVESTOR PRESENTATION OCTOBER 2012 Agenda 1. About St. Modwen Properties PLC 2. Portfolio 3. Finances 4. Glossary of defined terms 2 About St. Modwen Properties

More information

MEASURING OUR PERFORMANCE

MEASURING OUR PERFORMANCE MEASURING OUR PERFORMANCE Our objective is to provide above average long-term returns to shareholders through the execution of our strategy. In order to measure the effectiveness of the different strands

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group JP Morgan Milan Investor Forum October 1, 2015 For detailed financial information please see our annual/quarterly reports and/or conference call materials on www.fresenius.com/ir.

More information

Interim Results 2015 12 March 2015

Interim Results 2015 12 March 2015 Interim Results 2015 12 March 2015 2015 Interim Highlights Adjusted diluted EPS of 5.80c underlying increase of 7.1% Group Revenue Agri-Services Operating Profit Share of Profit of Associates and JV Adjusted

More information

Savills plc. Results for the year ended 31 December 2015

Savills plc. Results for the year ended 31 December 2015 Savills plc Results for the year ended 31 December 215 1 March 216 1 Disclaimer: Forward-looking statements These slides contain certain forward-looking statements including the Group s financial condition,

More information

Old Mutual Acquisition of United Asset Management. 19 June 2000

Old Mutual Acquisition of United Asset Management. 19 June 2000 Old Mutual Acquisition of United Asset Management 19 June 2000 0 Speakers Johannesburg Mike Levett Old Mutual - Chairman and C.E.O. London Eric Anstee Old Mutual - Group Finance Director Boston James F.

More information

ATRIUM FULL YEAR 2015 RESULTS ANALYST AND INVESTOR CALL. 10 March 2016

ATRIUM FULL YEAR 2015 RESULTS ANALYST AND INVESTOR CALL. 10 March 2016 ATRIUM FULL YEAR 2015 RESULTS ANALYST AND INVESTOR CALL 10 March 2016 KEY EVENTS IN 2015 AND 2016 YTD OPERATIONAL PERFORMANCE ACQUISITIONS / DISPOSALS DEVELOPMENTS AND EXTENSIONS DEBT / LIQUIDITY OTHER

More information

Casino Group affirms the strength of its business model, strategic plans and financial structure

Casino Group affirms the strength of its business model, strategic plans and financial structure Casino Group affirms the strength of its business model, strategic plans and financial structure On December 15 th, 2015, Casino Group announced a plan to strengthen its balance sheet and enhance its financial

More information

We are investors in UK property and our focus is on actively managing, financing. thrive.

We are investors in UK property and our focus is on actively managing, financing. thrive. We are investors in UK property and our focus is on actively managing, financing and THE developing BRITISH LAND prime COMPANY PLC commercial Presentation property to Debt Investors to create the September

More information

Sponda Financial Results Q3 2015. 3 November 2015

Sponda Financial Results Q3 2015. 3 November 2015 Sponda Financial Results Q3 2015 3 November 2015 1. Highlights for the Period Kari Inkinen 2. Strategy Implementation Pia Arrhenius 3. Business environment and Business Update Kari Inkinen 4. Financials

More information

Conference Call HOCHTIEF acquires 50% in aurelis Real Estate 06 September 2007

Conference Call HOCHTIEF acquires 50% in aurelis Real Estate 06 September 2007 Conference Call HOCHTIEF acquires 50% in aurelis Real Estate 06 September 2007 Dr. Peter Noé, CFO HOCHTIEF Aktiengesellschaft Dr. Joachim Wieland, Managing Director HOCHTIEF Projektentwicklung TURNING

More information

Q1 Trading Update, FY 2011

Q1 Trading Update, FY 2011 ARYZTA AG Q1 Trading Update, FY 2011 29 November 2010 Forward Looking Statement This document contains forward looking statements which reflect management s current views and estimates. The forward looking

More information

ANNUAL RESULTS for the year ended 30 June 2015

ANNUAL RESULTS for the year ended 30 June 2015 ANNUAL RESULTS for the year ended 30 June 2015 STRATEGIC & OPERATIONAL OVERVIEW Hyde Park Corner, Johannesburg, Gauteng 2 1 FINANCIAL HIGHLIGHTS 30 June 2015 30 June 2014 Change Distribution 543,0 cps

More information

Deutsche Wohnen AG.» Investor Presentation. September 2010

Deutsche Wohnen AG.» Investor Presentation. September 2010 Deutsche Wohnen AG» Investor Presentation September 21 1 » Agenda 1 2 3 4 Introduction to Deutsche Wohnen Portfolio Overview and Operations Financial Highlights Guidance and Strategic Objectives 2 » 1

More information

Page 1. Grainger Trust plc

Page 1. Grainger Trust plc Page 1 Grainger Trust plc Contents Page No Grainger - an introduction 3-7 The market in which we operate 8-11 Grainger s core business regulated 12-14 Other parts of Grainger s business Equity release

More information

Grainger Strategy Update 28 January 2016

Grainger Strategy Update 28 January 2016 Grainger Objective A strategy to deliver improved shareholder returns Grow rents Simplify and focus Build on our heritage 2 Strategy review process The strategy review process Bottom up review of every

More information

PROPERTIES. Smithfield, NC: 191,450 SF. Golden, CO: 227,500 SF. Clear Height: 32 Year Built/Renovated/Expanded: 1999/2006

PROPERTIES. Smithfield, NC: 191,450 SF. Golden, CO: 227,500 SF. Clear Height: 32 Year Built/Renovated/Expanded: 1999/2006 INVESTOR PRESENTATION SPRING 2016 PROPERTIES Smithfield, NC: 191,450 SF Clear Height: 26 Year Built/Renovated/Expanded: 2001 Golden, CO: 227,500 SF Clear Height: 32 Year Built/Renovated/Expanded: 1999/2006

More information

ManpowerGroup Second Quarter Results

ManpowerGroup Second Quarter Results ManpowerGroup Second Quarter Results July 21, 2015 FORWARD-LOOKING STATEMENT This presentation contains includes forward-looking statements, including statements financial which projections, are subject

More information

2016 Interim Results Presentation. 9 August 2016

2016 Interim Results Presentation. 9 August 2016 2016 Interim Results Presentation 9 August 2016 Regus Group Services 2016 Caution statement No representations or warranties, express or implied are given in, or in respect of, this presentation or any

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Commerzbank German Investment Seminar January 11/12, 2016 For detailed financial information please see our annual/quarterly reports and/or conference call materials

More information

Revenues before loan loss provisions almost stable at EUR 2.3 bn despite seasonal effects

Revenues before loan loss provisions almost stable at EUR 2.3 bn despite seasonal effects Press release For business desks 7 November 2013 Commerzbank: operating profit of EUR 103 m in third quarter Revenues before loan loss provisions almost stable at EUR 2.3 bn despite seasonal effects Annual

More information

Deutsche Wohnen AG.» Considerations on Vonovia's offer. 22 October 2015

Deutsche Wohnen AG.» Considerations on Vonovia's offer. 22 October 2015 Deutsche Wohnen AG» Considerations on Vonovia's offer 22 October 2015 1 » Vonovia offer totally inadequate on multiple dimensions 1 Offer represents significant discount to stand-alone intrinsic value

More information

Strong free cash flow

Strong free cash flow Strong free cash flow Financial Highlights Q3 2016 covestro.com Forward-looking statements This presentation may contain forward-looking statements based on current assumptions and forecasts made by Covestro

More information

Royal Bank of Canada

Royal Bank of Canada Royal Bank of Canada RBC to Acquire BlueBay Asset Management Creating a leading global wealth and asset management business October 18, 2010 RBC INVESTOR PRESENTATION 1 Caution regarding forward-looking

More information

Converting vision into value

Converting vision into value Converting vision into value June 10-11 2015 Karim Hajjar Chief Financial Officer Member of the Executive Committee Agenda Update on 2016 targets Cash conversion Returns 2 2016 targets confirmed Divestments,

More information

3 rd HSBC (T)rinkaus (R)eal (E)state (C)onference. February 27, 2008

3 rd HSBC (T)rinkaus (R)eal (E)state (C)onference. February 27, 2008 3 rd HSBC (T)rinkaus (R)eal (E)state (C)onference February 27, 2008 Deutsche Wohnen: Highly focussed and with > 50,000 residential units clear no. 2 listed residential player in Germany The portfolio of

More information

Introduction Stephen Goodyear. Financial review Peter Whitehead. Operations review Patrick Dardis. Introduction to Geronimo Rupert Clevely

Introduction Stephen Goodyear. Financial review Peter Whitehead. Operations review Patrick Dardis. Introduction to Geronimo Rupert Clevely Today s agenda Introduction Stephen Goodyear Financial review Peter Whitehead Operations review Patrick Dardis Introduction to Geronimo Rupert Clevely Geronimo progress to date Stephen Goodyear Well &

More information

2010 Half-Year Results

2010 Half-Year Results 1 2010 Half-Year Results 1 1 Summary 2 1 Introduction A promising first half Sharp rise in residential take-up Tenant sales improving Two shopping centres delivered 95% let Acquisition of Cap 3000 Change

More information

Sponda Financial Results Q August 2015

Sponda Financial Results Q August 2015 Sponda Financial Results Q2 2015 4 August 2015 Highlights for the period Kari Inkinen Sponda s Q2 2015 in brief Despite disposals, cash flow is strong. - Key figures have improved q-on-q and annually.

More information

Excellence in Real Estate Investment and Asset Management

Excellence in Real Estate Investment and Asset Management Next Generation Real Estate Excellence in Real Estate Investment and Asset Management Initiative Immobilien Aktie 2007 - Frankfurt am Main 25./ 26.10.2007 Focused and Integrated Business Model Sales HY

More information

Results 2007. Analyst & Investor Conference / Conference call March 27, 2008

Results 2007. Analyst & Investor Conference / Conference call March 27, 2008 Results 2007 Analyst & Investor Conference / Conference call March 27, 2008 Agenda Highlights 2007 Results 2007 Outlook and guidance 2008 Shareholder structure / Share price 2 2007 a challenging Year Peak

More information

SCA PROPERTY GROUP ANNOUNCES FIRST HALF FY16 RESULTS

SCA PROPERTY GROUP ANNOUNCES FIRST HALF FY16 RESULTS ASX / MEDIA ANNOUNCEMENT 8 February 2016 SCA PROPERTY GROUP ANNOUNCES FIRST HALF FY16 RESULTS SCA Property Group (ASX: SCP) ( SCP or the Group ) is pleased to announce its results for the six months ended

More information

Preliminary Results Presentation June 2011

Preliminary Results Presentation June 2011 Preliminary Results Presentation June 2011 Michael Knight Chairman Nigel Godefroy Group Chief Executive Natasha Gadsdon Finance Director Year of progress Air South West Disposed reducing overall risk to

More information

GPE development successes and rental growth deliver portfolio valuation uplift of 10.5% in H1

GPE development successes and rental growth deliver portfolio valuation uplift of 10.5% in H1 Press Release 11 November GPE development successes and rental growth deliver portfolio valuation uplift of 10.5% in H1 The Directors of Great Portland Estates plc announce the results for the Group for

More information

Preliminary Results 2015 23 September 2015

Preliminary Results 2015 23 September 2015 Preliminary Results 2015 23 September 2015 Forward-Looking Statements This presentation contains forward-looking statements. These statements have been made by the Directors in good faith based on the

More information

Creating the leading UK platform. Aegon acquires Cofunds and becomes the leading UK platform business

Creating the leading UK platform. Aegon acquires Cofunds and becomes the leading UK platform business 1 Aegon acquires Cofunds and becomes the leading UK platform business Unique opportunity to accelerate execution of strategy 2 Market leadership Number 1 retail platform Number 3 in workplace savings market

More information

Investor Presentation 8 February 2016

Investor Presentation 8 February 2016 Investor Presentation 8 February 2016 SOLID BUSINESS DYNAMICS IN FRANCE AND RESILIENT INTERNATIONAL OPERATIONS STRONG LIQUIDITY AND ONGOING DELEVERAGING CONCLUSION APPENDICES SOLID BUSINESS DYNAMICS IN

More information

A Guide to Property Investment Options

A Guide to Property Investment Options A Guide to Property Investment Options Background The UK property market is still in favour with both UK and International investors, with London being targeted in particular. Annual investment in UK property

More information

Creating North America s Leading Value-Added Seafood Supplier. North Atlantic Seafood Conference Oslo, Norway. March 6-8, 2012

Creating North America s Leading Value-Added Seafood Supplier. North Atlantic Seafood Conference Oslo, Norway. March 6-8, 2012 Creating North America s Leading Value-Added Seafood Supplier North Atlantic Seafood Conference Oslo, Norway March 6-8, 2012 Disclaimer Certain statements made in this presentation are forward-looking

More information

Company Roadshow Presentation HAMBORNER REIT AG. Preliminary figures 2012 February 2013

Company Roadshow Presentation HAMBORNER REIT AG. Preliminary figures 2012 February 2013 Company Roadshow Presentation HAMBORNER REIT AG Preliminary figures 2012 February 2013 HAMBORNER REIT AG key investment highlights Creating sustainable shareholder value Strong asset and portfolio management

More information

2008 annual results. Presentation on 18 February 2009

2008 annual results. Presentation on 18 February 2009 2008 annual results Presentation on 18 February 2009 1 2008: Continued growth Sustained business activity Lettings up by 9% in a market down 14%, including the pre-letting of two buildings under construction

More information

Restoring QinetiQ to Strength: Solid progress. QinetiQ Interim Results 2010 Thursday 18 th November 2010

Restoring QinetiQ to Strength: Solid progress. QinetiQ Interim Results 2010 Thursday 18 th November 2010 Restoring QinetiQ to Strength: Solid progress QinetiQ Interim Results 2010 Thursday 18 th November 2010 Leo Quinn Chief Executive Officer Agenda 1. Headlines 2. Financial overview 3. Operational update

More information

The importance of participating in European Consolidation. Goldman Sachs European Financials Conference 8th June 2006

The importance of participating in European Consolidation. Goldman Sachs European Financials Conference 8th June 2006 The importance of participating in European Consolidation Goldman Sachs European Financials Conference 8th June 2006 Forward Looking Statement 2 This document contains certain forward-looking statements

More information

DEUTSCHE ASSET & WEALTH MANAGEMENT REAL ESTATE OUTLOOK

DEUTSCHE ASSET & WEALTH MANAGEMENT REAL ESTATE OUTLOOK Research Report DEUTSCHE ASSET & WEALTH MANAGEMENT REAL ESTATE OUTLOOK Second Quarter 2013 Economic Outlook Business and consumer spending to drive recovery Quantitative easing beginning its expected unwinding

More information

TLG IMMOBILIEN AG H1 2015 Results August 2015

TLG IMMOBILIEN AG H1 2015 Results August 2015 TLG IMMOBILIEN AG H1 2015 Results August 2015 Disclaimer This presentation includes statements, estimates, opinions and projections with respect to anticipated future performance of TLG IMMOBILIEN ("Forward-Looking

More information

STRATEGY UPDATE 2 MARCH 2016

STRATEGY UPDATE 2 MARCH 2016 STRATEGY UPDATE 2 MARCH 2016 Portfolio Focus on Attractive Growth and Margin Opportunities André Lacroix, CEO Intertek Group plc, is today announcing a strategic update outlining the Group s plan to deliver

More information

Year-end Report 2015. 400 Fairview, Seattle, U.S.

Year-end Report 2015. 400 Fairview, Seattle, U.S. Year-end Report 400 Fairview, Seattle, U.S. Year-end Report Strong result on a group level Improved profitability Strong performance in Project Development Strong cash flow and financial position Operating

More information

Simon Dingemans Financial outlook and guidance

Simon Dingemans Financial outlook and guidance Simon Dingemans Financial outlook and guidance 6 May 2015 Novartis transaction accelerates our strategy and delivers against our financial objectives Better balanced and broader range of growth drivers

More information

Preliminary announcement of results

Preliminary announcement of results 21 May Preliminary announcement of results The Directors of Great Portland Estates plc announce the results for the Group for the year to 31 March. Highlights 1 for the year: Strong growth in both capital

More information

14 April 2016 Preliminary Results Fixed Income Investor Call Alan Stewart CFO, Shubhi Rao Group Treasurer

14 April 2016 Preliminary Results Fixed Income Investor Call Alan Stewart CFO, Shubhi Rao Group Treasurer 14 April 2016 Preliminary Results Fixed Income Investor Call Alan Stewart CFO, Shubhi Rao Group Treasurer Group performance Continuing operations FY Change constant rates Change actual rates Group sales

More information

Amlin plc. Numis Non-life Insurance Briefing 13 January 2011. Charles Philipps, CEO

Amlin plc. Numis Non-life Insurance Briefing 13 January 2011. Charles Philipps, CEO Amlin plc Numis Non-life Insurance Briefing 13 January 2011 Charles Philipps, CEO This presentation contains or may contain forward-looking statements. It is important to note that the Company s actual

More information

151 S. El Camino Drive Beverly Hills, CA 90212

151 S. El Camino Drive  Beverly Hills, CA 90212 Contact: Daven Bhavsar Director of Investor Relations (310) 887-3431 dbhavsar@kennedywilson.com 151 S. El Camino Drive www.kennedywilson.com Beverly Hills, CA 90212 NEWS RELEASE KENNEDY WILSON REPORTS

More information

Land Securities Group PLC ( Land Securities / the Group / the Company )

Land Securities Group PLC ( Land Securities / the Group / the Company ) Press Release 19 January 2010 Land Securities Group PLC ( Land Securities / the Group / the Company ) THIRD QUARTER INTERIM MANAGEMENT STATEMENT In the third quarter Land Securities continued to focus

More information

Analyst meeting Full year results. Rotterdam 15 February 2013

Analyst meeting Full year results. Rotterdam 15 February 2013 Analyst meeting Full year results Rotterdam 15 February 2013 Portfolio & Strategy Focus on Netherlands and Belgium Exit strategy Switzerland; 70% assets sold; sale of 2 remaining assets ongoing High Yield

More information

Sponda Financial Results 2015. 4 February 2016

Sponda Financial Results 2015. 4 February 2016 Sponda Financial Results 2015 4 February 2016 1. Highlights for the Period Kari Inkinen 2. Forum Acquisition Pia Arrhenius 3. Business environment and Business Update Kari Inkinen 4. Financials Niklas

More information

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS FULL YEAR RESULTS FINANCIAL RESULTS PIERRE JEAN SIVIGNON Deputy Chief Executive Officer, Chief Financial Officer FURTHER PROFIT GROWTH IN 2015 Variation at (in m) 2014 2015 (1) constant exch. rates Variation

More information

2013FIRSTHALFRESULTS. JERÓNIMO MARTINS Strategic Overview

2013FIRSTHALFRESULTS. JERÓNIMO MARTINS Strategic Overview 2013FIRSTHALFRESULTS JERÓNIMO MARTINS Strategic Overview Disclaimer Statements in this presentation that are forward-looking statements are based on current expectations of future events and are subject

More information

Property Framework 2014-2018

Property Framework 2014-2018 Property Framework 2014-2018 Schedule of Services 1. Property consultancy services 2. Property Agency services 3. Estate Management services 4. Property Investment and Financial services 5. Valuation Services

More information

X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN:

X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN: X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN: BUILDS ON SOFT DISCOUNTERS SUCCESS AND ADDS TO X5 S OPPORTUNITIES FOR LEADERSHIP, GROWTH AND VALUE CREATION LONG-TERM RUBLE FINANCING FOR TRANSACTION

More information

Income Statement +4% Revenue 3,406 3,272. Operating profit 530 478 Interest (25) (49) +11% Profit before tax 505 429 Taxation (141) (127)

Income Statement +4% Revenue 3,406 3,272. Operating profit 530 478 Interest (25) (49) +11% Profit before tax 505 429 Taxation (141) (127) Introduction Income Statement Revenue 3,406 3,272 Operating profit 530 478 Interest (25) (49) +4% +11% Profit before tax 505 429 Taxation (141) (127) Profit after tax 364 302 EPS 188.5p 156.0p Income Statement

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

Peer-to-Peer Commercial Property Lending

Peer-to-Peer Commercial Property Lending Peer-to-Peer Commercial Property Lending Why Commercial Real Estate Debt is the Perfect Partner for P2P Lending Retail Industrial Office INTRODUCTION Peer-to-Peer Lending, also known as Loan Based Crowdfunding,

More information

Full Year Results year ended 31 December 2015. Investing in the future of integrated healthcare

Full Year Results year ended 31 December 2015. Investing in the future of integrated healthcare Full Year Results year ended 31 December 2015 Investing in the future of integrated healthcare Primary Health Properties PLC (PHP.L) A dedicated healthcare REIT www.phpgroup.co.uk AGENDA - Introduction

More information

A Leading Global Commercial Real Estate Company. Buy, Hold, Sell Real Estate as Single Assets and Portfolios 25% CAGR

A Leading Global Commercial Real Estate Company. Buy, Hold, Sell Real Estate as Single Assets and Portfolios 25% CAGR GE Real Estate GE Real Estate Michael Pralle President & Chief Executive Officer, GE Real Estate October 29, 2003 This presentation includes certain "forward-looking statements" within the meaning of the

More information

European leader and global group in the world of travel, tourism and business services

European leader and global group in the world of travel, tourism and business services European leader and global group in the world of travel, tourism and business services 1 1.1998 : sharp improvement in results and profitability 2.Activity through February, 1999 3.Strategic initiatives

More information

CB Richard Ellis Real Estate Finance Four Quadrants MarketView

CB Richard Ellis Real Estate Finance Four Quadrants MarketView CB Richard Ellis Real Estate Finance Four Quadrants MarketView www.cbre.eu/realestatefinance Q1 2011 This is the first issue of Four Quadrants - MarketView. The publication will be issued quarterly and

More information

Investor & Analyst Day 7 May 2014

Investor & Analyst Day 7 May 2014 Investor & Analyst Day 7 May 2014 Slough Trading Estate Itinerary Time Topic Speaker 10.45-10.50 Introduction David Sleath, SEGRO 10.50-11.05 Slough Trading Estate: Compelling business Gareth Osborn, SEGRO

More information

Extraordinary General Meeting 7 october 2011

Extraordinary General Meeting 7 october 2011 Extraordinary General Meeting 7 october 2011 DISCLAIMER Forward-looking statement (safe harbour) This presentation includes forward-looking statements (drawn up in accordance with the Private Securities

More information

Kier Group. Interim results for the six months to 31 December March 2016

Kier Group. Interim results for the six months to 31 December March 2016 Kier Group Interim results for the six months to 31 December 2015 17 March 2016 Kier Group plc Interim results for the six months to 31 December 2015 1 Disclaimer No representation or warranty, expressed

More information

Recall Holdings Limited 31 December 2013 Trading Update

Recall Holdings Limited 31 December 2013 Trading Update Document Management Solutions Secure Destruction Services Data Protection Services Recall Holdings Limited 31 December 2013 Trading Update February 19 th 2014 Presenters: CEO - Doug Pertz, CFO - Mark Wratten

More information

First Property Group plc. Commercial Investment Real Estate Investing through the cycles

First Property Group plc. Commercial Investment Real Estate Investing through the cycles First Property Group plc Commercial Investment Real Estate Investing through the cycles Table of Contents Liquidity: Property vs. Equities vs. Bonds Costs of Buying Commercial Property The Need for Yield

More information

Group Financial Outlook and Strategy. Mark Langer, CFO Paris, November 19, 2014

Group Financial Outlook and Strategy. Mark Langer, CFO Paris, November 19, 2014 Investor Day 2014 Group Financial Outlook and Strategy Mark Langer, CFO Paris, November 19, 2014 HUGO BOSS 19-Nov-14 2 Agenda Review of past financial performance Current trading update Financial implications

More information

Brookfield financial Review q2 2010

Brookfield financial Review q2 2010 Brookfield financial Review q2 2010 Overview Operating cash flow and gains totalled $327 million in the second quarter or $0.53 per share compared to $294 million in the prior year. This brings operating

More information

HELICAL ANNUAL RESULTS TO 31 MARCH 2016. www.helical.co.uk. @Helical_Bar_plc

HELICAL ANNUAL RESULTS TO 31 MARCH 2016. www.helical.co.uk. @Helical_Bar_plc HELICAL ANNUAL RESULTS TO 31 MARCH 2016 www.helical.co.uk @Helical_Bar_plc 1 AGENDA One Two Three Four Five Highlights Gerald Kaye Financials Tim Murphy Portfolio Matthew Bonning-Snook and Duncan Walker

More information

Disclaimer: Forward Looking Statements

Disclaimer: Forward Looking Statements Disclaimer: Forward Looking Statements This presentation/announcement may contain forward looking statements with projections regarding, among other things, the Company s strategy, revenues, earnings,

More information

Direct Line Insurance Group plc Trading Update for the first quarter of 2016

Direct Line Insurance Group plc Trading Update for the first quarter of 2016 Direct Line Insurance Group plc Trading Update for the first quarter of 4 May Direct Line Group s Trading Update relates to the first quarter ended ch, and contains information to the date of publication.

More information