Cromwell Property Group (FRA:C4Q)
€ 0.2278 -0.0051 (-2.19%) Market Cap: 624.98 Mil Enterprise Value: 1.30 Bil PE Ratio: 0 PB Ratio: 0.67 GF Score: 49/100

Full Year 2023 Cromwell Property Group Earnings Call Transcript

Aug 31, 2023 / 12:00AM GMT
Release Date Price: €0.2756 (-1.36%)
Operator

Thank you for standing by, and welcome to the Cromwell Property Group FY '23 Results. (Operator Instructions)

I would now like to turn the conference over to Dr. Gary Weiss, Chairman. Please go ahead.

Gary Hilton Weiss
Cromwell Property Group - Non-Independent & Non-Executive Chair of the Board

Thank you to everyone who has called in today. Welcome. I acknowledge the traditional custodians of the land on which we meet and pay my respect to their elders past, present and emerging. Today, I speak from the Gadigal land of the Eora nation. We opened our annual results for the period ended 30 June, 2023, looking at the company's performance for the year behind us. While it has been a challenging 12 months, we have made progress on a number of our key strategic initiatives. During the financial year, Cromwell has continued to simplify the business, going back to key core funds and property management. We have continued our program to sell noncore assets on and offshore, as well as growing our fund management platform in a measured way, which Jonathan

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