Dexus Industria REIT (ASX:DXI)
A$ 2.63 0.01 (0.38%) Market Cap: 834.42 Mil Enterprise Value: 1.13 Bil PE Ratio: 0 PB Ratio: 0.80 GF Score: 77/100

Half Year 2021 APN Industria REIT Earnings Call Transcript

Feb 17, 2021 / 12:45AM GMT
Release Date Price: A$2.78 (-1.05%)
Operator

Thank you for standing by, and welcome to the APN Industria REIT 2021 Half Year Results Briefing. All participants are in a listen-only mode. (Operator Instructions). I would now like to hand the call over to Mr. Alex Abel, Fund Manager. Please go ahead.

Alex Abell
APN Industria REIT - Fund Manager

Thank you, operator, and good morning, everyone, and thank you for your attention. I am conscious that certainly coal is still live, but I suspect it's going to get drilled our longest. So we will just get started. And I'm and I know that Tom, this recording will be available on our website later today. So people can dial back in to tune in. And if we get cracking straightaway on slide number 4 and the outcomes, we delivered this period demonstrated another period of discipline and high-quality growth. FFO was up 8.2% to $19.8 million on the back of us collecting more than 99% of risk.

And that resilient revenue outcome provided us with the comfort to upgrade our guidance to 2% to 3% growth in December, post the equity raise and new decks joins. The gearing

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