Waypoint REIT Ltd (FRA:1V2)
€ 1.5334 -0.0226 (-1.45%) Market Cap: 1.11 Bil Enterprise Value: 1.65 Bil PE Ratio: 0 PB Ratio: 192.86 GF Score: 69/100

Half Year 2021 Waypoint REIT Ltd Earnings Call Transcript

Aug 27, 2021 / 12:00AM GMT
Release Date Price: €1.75 (+1.05%)
Operator

Thank you for standing by, and welcome to the Waypoint REIT Half Year Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Hadyn Stephens, the CEO. Please go ahead.

Hadyn Stephens
Waypoint REIT Limited - CEO

Thanks, Anastasia, and good morning to everyone on the call. We're going to try and keep the formal part of the agenda reasonably short this morning, and I'll start by providing a quick overview of highlights for the half before handing over to Kerri to provide an ESG update and go through our financials in a bit more detail. Kerri will then pass back to me to summarize our priorities and outlook for the remainder of the year before closing out the call with some Q&A.

If I can ask you to please turn to Page 6 of the presentation where we have set out the key highlights for Waypoint from the first 6 months of 2021? Distributable EPS for the period was 5.4% higher at $0.0781 per security, driven primarily by strong rental growth, lower interest costs and prudent cost management, with a

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