May 11, 2022 / 08:00AM GMT
Frank Kopfinger - LEG Immobilien SE - Head of IR
Good morning, everyone, from Düsseldorf. Welcome to our Q1 2022 results call and thank you for your participation. We have in the call our entire management with our CEO, Lars von Lackum; our CFO, Susanne Schroter; as well as our COO, Volker Wiegel. And the presentation document, as well as the quarterly report within the IR section of our home page. Please note that there is also a disclaimer, which you'll find on Page 3 of our presentation. And without further ado, I hand it over to you, Lars.
Lars von Lackum - LEG Immobilien SE - CEO & Chairman of the Management Board
Thank you, Frank. Good morning, also, from my side. Our Q1 numbers show that we had a strong start to the year. We grew our FFO I by almost 17% to EUR 121 million, clearly benefiting from the acquisitions made last year and from the rent increase of 2.7% achieved for our portfolio on a like-for-like basis. Our financial and operational KPIs show that we are well on track for our guidance and that we still run a conservative balance sheet, with
Q1 2022 LEG Immobilien SE Earnings Call Transcript
Already have an account? Log in
Get the full story
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... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot