- Dom Development S.A. reported record high quarterly sales of 701 units in Q2 2016 and launched 1,349 units across 8 projects. Net profit for the quarter was PLN 18.4m.
- The residential market in Poland remained strong in Q2 2016 with stable prices and balanced supply and demand. Record low interest rates continued to support demand.
- Dom Development has cash reserves of PLN 353m and no net debt, providing resources for new land purchases and project starts. The company has nearly 4,000 units under construction and over 7,000 units in preparation across various projects in Warsaw and Wroclaw.
2. Highlights
2
Q2 2016
• Record high quarterly sales – 701 units
• Launch of 1 349 units across 8 projects
• 4 new sites purchased with development potential of 2 154 units*
• Net profit of PLN 18.4m
• Safe cash levels (PLN 353m) and negative net debt
*including Marina Mokotów with ~750 units purchased in July 2016
3. Residential Market in Q2 2016
• Strong sales with stable prices
• Supply and demand still balanced
• Record low interest rates support demand
• Increasing share of cash buyers – approx. 40% of overall
transactions at Dom Development
3
8. 3 242 2 927
3 564 3 727 3 989
2 958 3 085
3 935
4 937 4 672
6 276
5 762
5 001
6 504 6 648 6 734
0
1 000
2 000
3 000
4 000
5 000
6 000
7 000
30/09/2014 31/12/2014 31/03/2015 30/06/2015 30/09/2015 31/12/2015 31/03/2016 30/06/2016
Under construction In preparation
8
Units under construction
and in preparation
No. of units
9. 9
Units sold but not delivered (presales)
31.03.2016 30.06.2016
1 786
units
1 923
units, including:
• 289 finished units
• 1 634 units under construction
383
636
190
375
478
1 019
256
564
0
200
400
600
800
1000
Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
Handovers
No. of units
10. 10
Cumulative net sales
to be recognized in P&L
PLN m
200
300
400
500
600
700
800
900
1 000
I II III IV V VI VII VIII IX X XI XII I II III IV V VI VII VIII IX X XI XII I II III IV V VI VII VIII IX X XI XII I II III IV V VI
2013 2014 2015 2016
14. H1 2016
14
Summary:
3 935 units under construction on 23 projects
3 011 units in Dom’s offer as of June 2016
1 316 units sold in H1 2016, with record high 701 units in Q2
New land for over 2 700 units: Sobieskiego, Kowalczyka, further phases of
Wilno, and Marina Mokotów
Cash resources for land purchases and new project starts: PLN 353m of cash
and no net debt
H1 2016 net profit of PLN 23.5m, with PLN 18.4m in Q2
16. 16
Project
No. of units in
project
Commencement of
handovers
Q1 Aura phase 1B (Wroclaw) 64 March 2016
Q2
Wille Miejskie Klasyków phase 1 235 April 2016
Wilno II phase 2 263 May 2016
Apartamenty Saska nad Jeziorem phase 3 236 June2016
Q3
Wille Lazurowa 166 September 2016
Osiedle Przyjaciół phase 1 116 September 2016
Osiedle Przyjaciół phase 2 89 September 2016
Q4
Dom Pod Zegarem 235 October 2016
Wilno II phase 3 189 November 2016
Studio Mokotów 329 November 2016
Żoliborz Artystyczny phase 8 218 November 2016
Żoliborz Artystyczny phase 9 162 November 2016
Commencement of handovers: on schedule/ earlier / delayed
Appendix 1:
Commencement of handovers in 2016
17. 17
NO PROJECT
UNDER
CONTRUCTION
IN
PREPARATION
1 ŻOLIBORZ ARTYSTYCZNY 783 ---
2 PREMIUM 442 471
3 OSIEDLE PRZYJACIÓŁ 300 ---
4 WILLE LAZUROWA 166 ---
5
WŁODARZEWSKA 30
(NOWOSOLIPSOWSKA)
--- 114
6 OS. POD RÓŻAMI III 50 ---
7 STUDIO MOKOTÓW 329 ---
8 DOM POD ZEGAREM 235 ---
9
APARTAMENTY MOKOTÓW
NAD SKARPĄ (BUKOWIŃSKA II)
184 ---
10 CYBERNETYKI --- 600
11 BUKOWIŃSKA III --- 181
12 TANECZNA --- 115
13 URSYNOVIA (ANODY) 190 ---
14 SOBIESKIEGO (NEW) --- 153
15
MARINA MOKOTÓW
(purchased in July 2016)
--- 750
TOTAL LEFT BANK 2 679 2 384
NO PROJECT
UNDER
CONTRUCTION
IN
PREPARATION
16 REGATY --- 217
17 PALLADIUM (AKACJE) 214 566
18 KLASYKÓW --- 204
19 KOWALCZYKA (NEW) --- 792
20 MODERNA 365 424
21 SAMARYTANKA --- 581
22 WILNO (+459) 318 1 668
23 MOTOROWA --- 493
24 SASKA III 359 ---
TOTAL RIGHT BANK 1 256 4 945
Warsaw
TOTAL
UNDER
CONSTRUCTION
IN PREPARATION FINISHED
WARSAW 3 935 7 329 24 672
WROCLAW
(AURA PROJECT)
--- 155 721
DOM 3 935 7 484 25 393
1
2
4
3
5
6
7
8
11
12 13
9
10
16
17
20
24
23
14
18
19
21
22
Appendix 2:
Projects Under Construction and in Preparation
no. of units, as of 30/06/2016
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
15
18. 18
For further information, please contact:
Magdalena Cumanis
Investor Relations
tel. +48 22 351 68 49
e-mail: magdalena.cumanis@domd.pl
www.inwestor.domdevelopment.com.pl
Dom Development S.A. endeavours to ensure that the information in the presentation is complete. up-to-date and accurate. However. we do not make any guarantees
in this respect. Dom Development S.A. connot accept responsibilty for the consequences of using such information. and in particular any loss caused by reliance thereon
for the purpose of investment decisions. The material contained in the presentation originates from reliable public sources and to the best knowledge of Dom
Development S.A. may be considered reliable.