- Half Year 2023 Covivio SA Earnings Call TranscriptJul 20, 2023€45.48 (-1.04%)Earnings
- Full Year 2022 Covivio SA Earnings Call TranscriptFeb 21, 2023€62.23 (-0.44%)Earnings
- Half Year 2022 Covivio SA Earnings Call TranscriptJul 21, 2022€56.38 (-1.66%)Earnings
- Q1 2022 Covivio SA Corporate Sales Call TranscriptApr 21, 2022
- Full Year 2021 Covivio SA Earnings Call TranscriptFeb 23, 2022€74.09 (+0.60%)Earnings
- Covivio SA Capital Markets Day TranscriptDec 13, 2021
- Q3 2021 Covivio SA Corporate Sales Call TranscriptOct 21, 2021
- Half Year 2021 Covivio SA Earnings Call TranscriptJul 21, 2021€78.68 (+2.22%)Earnings
- Q1 2021 Covivio SA Corporate Sales Call TranscriptApr 20, 2021
- Full Year 2020 Covivio SA Earnings Call TranscriptFeb 18, 2021€64.5 (-0.65%)Earnings
- Q3 2020 Covivio SA Corporate Sales Call TranscriptOct 15, 2020
- Half Year 2020 Covivio SA Earnings Call TranscriptJul 22, 2020€62.68 (-3.13%)Earnings
- Q1 2020 Covivio SA Corporate Sales Call TranscriptApr 22, 2020
- Full Year 2019 Covivio SA Earnings Call TranscriptFeb 14, 2020€110.55 (+0.68%)Earnings
- Half Year 2019 Covivio SA Earnings Call TranscriptJul 23, 2019€93.23 (-0.16%)Earnings
- Q1 2019 Covivio SA Corporate Sales Call TranscriptApr 24, 2019
Half Year 2023 Covivio SA Earnings Call Transcript
Hello, everybody. I'm happy together with Paul to welcome you to this audio webcast and conference call to comment on Covivio's H1 '23 results. So let's start. Page 3 with some [introductory] comments on key achievements in H1 '23. First, in a changing economic, financial and investment markets environment, we managed to keep a healthy balance sheet despite significant value adjustment and thanks to new disposals agreement and scrip dividends.
Second, we kept on benefiting from more quality portfolio with a 7.6% like-for-like rental growth and a 95.8% occupancy rate. Linked with values, EPRA NTA was down to EUR 91.1 per share but we managed to maintain gearing close to below 40% policy and published a stable EPRA earnings. The strong operational performance also enabled us to slightly raise our '23 guidance.
First, on Page 5, we are on track with our disposal program. Over the semester, we agreed on EUR 350 million new disposal in group share with minus 1.2% margin, so really close to 2022 appraisal values. At end June 23, we are well
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... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust.png)