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PRESENTATION OF RESULTS FOR Q3 2023
16 NOVEMBER 2023
DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
2
DOM DEVELOPMENT GROUP - Q3 2023
• 1 081 units sold in Q3 2023 (+54% YoY); bringing a total of 2 926 units in Q1-3 2023 (+29% YoY)
• Robust market share – Dom Development Group remains sales leader in Poland
• PLN 341m cash holdings as of 30 September 2023; gearing at 16%
• Record dividend pay-out from 2022 profit: PLN 11/share, amounting to PLN 283m
• Proposed dividend advance for 2023: PLN 5.5/share, amounting to PLN 141m
• Almost 18,000 units in land bank as of 30 September 2023
• NPS of 75 – Net Promoter Score at a very high level
*NPS – Net Promoter Score is an indicator calculated on the basis of customer satisfaction surveys, with a value ranging from -100 to 100 points; data on Polish housing
developers is not available, though the average value for UK developers is 42 points (National new home customer satisfaction survey, March 2023).
3
SUMMARY OF FINANCIAL RESULTS FOR Q1-3 2023
REVENUE
Q1-3 2023 Q1-3 2022 Change
PLN 1 600m PLN 1 649m PLN (49)m
(3)%
31% GROSS MARGIN
Q1-3 2022: 30%
33% ROE 12M
12M to 09.2022: 25%
16% GEARING
30.09.2022: (3)%
NET PROFIT
Q1-3 2023 Q1-3 2022 Change
PLN 260m PLN 260m PLN 0m
0 %
NET CASH (DEBT)
30.09.2023 30.09.2022 Change
PLN (225)m PLN 35m PLN (260)m
4
Q3 2023 MARKET SITUATION
• Increased demand in housing market – resulting from steadily rising wages, relaxation of FSA creditworthiness criteria and
introduction of "2% Safe Credit" programme
• First round of interest rate cuts – additional demand-side stimulus
• Increase in house prices – resulting from dynamic growth in demand alongside limited supply
• Continued high proportion of investment purchases – resulting from high inflation, negative real interest rates on savings
and prospect of further house price growth
• Rise in mortgage-backed transactions to approximately 49% of Group sales in Q3
• Continued stability in construction costs - low volume of new developments keeping construction prices stable
5
703
831
914 931
1 081
Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023
SALES
No. Of units
CONTINUED QoQ SALES GROWTH THANKS TO AN ATTRACTIVE AND DIVERSIFIED OFFER AND DEMAND-
SIDE STIMULUS OF THE "SECURE 2% LOAN” PROGRAMME
Net sales (units)
9M
2023
9M
2022
Change
YoY
Warsaw 1 235 1 247 (1)%
Tri-City 836 600 39%
Wroclaw 502 263 91%
Cracow 353 152 132%
Dom Development
Group
2 926 2 262 29%
6
Average transaction
value (PLN k)
Q3
2023
Q3
2022
Change
YoY
Warsaw 825 722 14%
Tri-City 682 603 13%
Wroclaw 617 531 16%
Cracow 720 551 31%
Dom Development
Group
727 663 10%
SALES SEGMENTATION – Q3 2023
LEADER IN PREMIUM RESIDENTIAL SEGMENT
The value of the transaction includes flat price plus any fit-out, storage cell and parking space.
6%
16%
21%
19%
13%
25%
up to PLN 400k
PLN 500-400k
PLN 600-500k
PLN 700-600k
PLN 800-700k
over PLN 800k
Segmentation of residential sales by
value - Q3 2023
7
UNITS AVAILABLE FOR SALE - UNDER CONSTRUCTION AND FINISHED
2 231
1 887
2 138
2 460
2 087
49
195
174
119
54
2 280
2 082
2 312
2 579
2 141
30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023
Finished units Units under construction
REDUCED OFFER AS A RESULT OF STRONG 2023 SALES
Offer by market
30.09.
2023
30.09.
2022
Change
YoY
Warsaw 695 1 003 (31)%
Tri-City 607 728 (17)%
Wroclaw 620 324 91%
Cracow 219 225 (3)%
Dom Development
Group
2 141 2 280 (6)%
Finished units amount to only 3% of offer
No. of units available for sale
8
PROJECTS COMMENCED IN Q3 2023
WROCLAW
100 units
at the junction of Bielany,
Żoliborz and Bemowo districts
126 units + 60 units (2 phases)
4 minutes from Dworzec
Wileński metro station
151 units
in the proximity of Al.
Jerozolimskie, 3 min from S8
route and Southern Ring Road
89 units
planned metro station (2nd line)
in the heart of the development
51 units
located in Pogórze near Gdynia
64 units
in the proximity of the Tri-City
Landscape Park
120 units
One minute from nearest bus
stop
173 units
located in one of Wrocław’s
greenest he greenest areas -
Maślice
WARSAW
TRI-CITY
9
PROJECTS UNDER CONSTRUCTION
ALL DEVELOPMENTS COMPLETED ON TIME, WHILE MAINTAINING HIGH MARGINS
71% of units under construction
are sold
Units under
construction
30.09.
2023
30.09.
2022
Change
YoY
Warsaw* 3 605 3 236 11%
Tri-City 1 920 2 391 (20)%
Wroclaw 1 099 882 25%
Cracow 632 550 15%
Dom Development
Group*
7 256 7 059 3%
7 059
5 779
6 375 6 763
7 256
30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023
* Including PRS transaction
No. of units
10
Land Bank
Land
purchased
Land
under
control
Total
Change
Q-on-Q
Warsaw 7 070 3 505 10 575 6%
Tri-City 3 772 772 4 544 (2)%
Wroclaw 1 419 0 1 419 (11)%
Cracow 1 461 0 1 461 3%
Dom Development
Group
13 722 4 277 17 999 2%
LAND BANK – OWNED AND CONTROLLED
FINALISING HIGH QUALITY PROPERTY ACQUISITIONS IN Q3
Number of units to be built
11 657
13 048 12 402 12 223
13 722
5 433
4 077
3 676
5 373
4 277
17 090 17 125
16 078
17 596 17 999
30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023
Plots owned Plots controlled
11
DELIVERIES
DELIVERIES IN LINE WITH ANNUAL TARGETS
No. of units
Delivered units
9M
2023
9M
2022
Change
YoY
Warsaw 1 224 1 535 (20)%
Tri-City 852 689 24%
Wroclaw 287 260 10%
Cracow 170 114 49%
Dom Development
Group
2 533 2 598 (3)%
420
1068
1350
648
535
74
68 69
74 75
III kw. 2022 IV kw. 2022 I kw. 2023 II kw.2023 III kw. 2023
NPS*
*NPS (Net Promoter Score customer satisfaction index)
12
0
500
1 000
1 500
2 000
2 500
3 000
3 500
I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
CUMULATIVE NET SALES TO BE RECOGNISED IN FUTURE PERIODS (UNITS
SOLD NOT DELIVERED)
PLN m
Value
30.09.2022 4 792 units PLN 3 075m
30.09.2023 4 945 units* including: PLN 3 444m
• 458 finished units;
• 4 487 units under construction,
with 1 423 completing in 2023
SIGNIFICANT REVENUE POTENTIAL TO BE RECOGNISED IN UPCOMING QUARTERS
* excluding PRS transactions
13
PROFIT AND LOSS ACCOUNT
WE MAINTAIN HIGH PROFITABILITY
Profit and Loss Account
Q3 Q3
Change YoY
9M 9M
Change YoY
2023 2022 2023 2022
Sales Revenues, including 325.9 320.2 2% 1 600.4 1 649.0 (3)%
Revenue from the sale of
finished goods*
293.0 231.6 27% 1 521.9 1 469.7 4%
Deliveries (units) 535 420 27% 2 533 2 598 (3)%
Revenue from sale of finished
goods per unit (PLN’000)
547.7 551.4 (1)% 600.8 565.7 6%
Gross Profit on Sales 102.3 85.2 20% 499.9 490.6 2%
Gross Profit Margin 31.4% 26.6% 4.8 p.p. 31.2% 29.8% 1.4 p.p.
Operating Profit 44.2 27.5 61% 315.3 310.0 2%
Operating Profit Margin 13.6% 8.6% 5.0 p.p. 19.7% 18.8% 0.9 p.p.
Profit Before Tax 47.8 30.1 59% 329.6 323.1 2%
Profit Before Tax Margin 14.7% 9.4% 5.3 p.p. 20.6% 19.6% 1.0 p.p.
Net Profit 37.7 23.8 58% 260.3 259.6 0%
Net Profit Margin 11.6% 7.4% 4.2 p.p. 16.3% 15.7% 0.5 p.p.
EPS (PLN) 1.47 0.93 58% 10.15 10.14 0%
* IAS 15 (revenue from sale of finished goods recognized on deliveries), figures in PLN m
14
BALANCE SHEET
A STRONG BALANCE SHEET OFFERS SECURITY AGAINST MARKET VOLATILITY
PLN m
ASSETS 30.09.2023 30.09.2022 Change
Current Assets 4 593 4 004 15%
Cash 341 431 (21)%
Incl. escrow accounts 143 94 52%
Inventory, including: 4 062 3 429 18%
Land and phases under construction 3 703 3 236 14%
Finished units, parking places and storage cells 212 78 172%
Fixed Assets 174 145 20%
TOTAL ASSETS 4 767 4 150 15%
EQUITY AND LIABILITIES 30.09.2023 30.09.2022 Change
Equity 1 390 1 263 10%
Total Liabilities 3 377 2 887 17%
Long-term liabilities 734 505 45%
Incl. Interest-bearing debt (bonds and loans) 526 310 70%
Short-term liabilities, including: 2 643 2 382 11%
Deferred income 1 953 1 719 14%
Interest-bearing debt (bonds and loans) 40 86 (53)%
TOTAL EQUITY AND LIABILITIES 4 767 4 150 15%
FIXED
OTHER
INVENTORY
CASH
EAUITY
EQUITY
LONG-TERM
LIABILITIES
BONDS AND
LOANS
OTHER
SHORT-TERM
LIABILITIES
TRADE
PAYABLES
AND OTHER
BONDS AND LOANS
LEASING
DEFFERED
INCOME
0
200
400
600
800
1 000
1 200
1 400
1 600
1 800
2 000
2 200
2 400
2 600
2 800
3 000
3 200
3 400
3 600
3 800
4 000
4 200
4 400
4 600
4 800
ASSETS LIABILITIES LIABILITIES
PLN m
15
DEBT MATURITY STRUCTURE
SUCCESSFUL NEW 5Y BOND ISSUE OF PLN 260m
PLN 341m
CASH
PLN 434m
UNDRAWN CREDIT LINES
6
40 50
100 110
260
2023 2024 2025 2026 2027 2028
Bank loans Bonds
PLN m
As of 30.09.2023 r.
16
SUMMARY - 9M 2023
• Dom Development Group is benefiting from a housing market bounce back with highly satisfactory sales performance (up
29% Y-o-Y in Q1-Q3 2023).
• Continued high proportion of investment purchases (cash transactions accounted for 51% of sales in Q3, compared to 54%
in Q2 and 60% in Q1 2023)
• Delivery of 2,533 units in the first 9 months of 2023, including 535 in Q3
• 31% gross margin alongside PLN 260m net profit
• Net debt at a safe, low level of PLN 225m (gearing at 16%)
• Finalising the purchase of prospective land - 6 locations with 2,518 units:
─ Warsaw: Polski Walczącej (470 units), Bielany (494)
─ Wroclaw: Krzyki (286 units), Wołowska (403), Krakowska (272)
─ Cracow: Park Matecznego (593 units)
ZAŁĄCZNIKI
APPENDICES
18
COMMENCEMENT OF HANDOVERS IN Q4 2023
PROJECT LOCATION
TOTAL NUMBER OF UNITS
PER PROJECT
START OF HANDOVER
NOWODWORSKA 43 WROCLAW 36 OCT’23
KONSTELACJA C1-C2 TRI-CITY 82 OCT’23
APARTAMENTY LUDWIKI PHASE 1 BLDG. C WARSAW 105 OCT’23
APARTAMENTY LUDWIKI PHASE 1 BLDG A, B,D,E WARSAW 327 NOV’23
METRO ZACHÓD 4 PHASE 2 WARSAW 172 NOV’23
APARTAMENTY SOLIPSKA STAGE 1 PHASE 1 WARSAW 96 NOV’23
APARTAMENTY SOLIPSKA STAGE 1 PHASE 2 WARSAW 91 NOV’23
LAS TRI-CITY 60 NOV’23
GÓRKA NARODOWA 3 PHASE 1 (B) CRACOW 136 DEC’23
METRO ZACHÓD 4 PHASE 1 WARSAW 110 DEC’23
METRO ZACHÓD 11 PHASE 1 WARSAW 148 DEC’23
PRZYSTANEK MIĘDZYLESIE WARSAW 110 DEC’23
19
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
1
3
14
16
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW
NUMBER OF UNITS, AS OF 30/09/2023
5
4
11
13
12
7
6
8 10
18
17
NO. PROJECT
UNDER
CONSTRUCTION
IN PREPARATION
1 METRO ZACHÓD 1 241 1 775
2 APARTAMENTY LITERACKA 100 443
3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) 133 ---
4 APARTAMENTY LUDWIKI 432 ---
5 URBINO 319 646
6 OSIEDLE PRZY ALEJACH 122 264
7 APARTAMENTY SOLIPSKA 187 ---
8 OSIEDLE PRZY FORCIE --- 124
9 OSIEDLE PRZY RYŻOWEJ 151 254
10 BEETHOVENA --- 570
11 APARTAMENTY BIAŁEJ KONICZYNY (PORY) 200 ---
12
OSIEDLE MOKOTÓW SPORTOWY
(ANTONIEWSKA)
--- 1 326
13 PALLADIUM (AKACJE) --- 410
14 OSIEDLE JAGIELLOŃSKA 316 --
15 WILNO 186 294
16 PRZYSTANEK MIĘDZYLESIE 218 ---
17 POLSKI WALCZĄCEJ (NEW) --- 470
18 BIELANY (NEW) --- 494
TOTAL WARSAW 3 605 7 070
2
15
9
6 5
20
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
15
1 2
3
4
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION : TRI-CITY
NUMBER OF UNITS, AS OF 30/09/2023
12
8
9
8
6 7
11
10
13
16
5
14
NO. PROJECT
UNDER
CONSTRUCTION
IN PREPARATION
1 PERSPEKTYWA 306 ---
2 DOKI 498 489
3 DOLNE MIASTO --- 999
4 SYNTEZA 222 306
5 LEMA 189 ---
6 GDAŃSK WARSZAWSKA --- 350
7 WZGÓRZE HOPLITY (GDAŃSK KARTUSKA) --- 110
8 DYNAMIKA 114 ---
9 OSIEDLE BEAUFORTA 2 87 147
10 KONSTELACJA 164 490
11 GÓRA MARKOWCA --- 178
12 LOCUS 2 --- 150
13 OSIEDLE PRZY BŁONIACH 3 124 403
14 WIDOKI 156 60
15 LAS 60 ---
16 LEŚNA GÓRA --- 90
TOTAL TRI-CITY 1 920 3 772
21
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW
NUMBER OF UNITS, AS OF 30/09/2023
2
3
4
5
6
6
6
7
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
6
2
5
2
8
10
1 11
9
NO. PROJECT UNDER CONSTRUCTION IN PREPARATION
1 KRZYKI (NEW) --- 286
2 BRANIBORSKA 187 210
3 OSIEDLE KOMEDY 115 ---
4 ZIELNA 195 ---
5 APARTAMENTY NAD RZEKĄ 152 ---
6 OSOBOWICKA 114 82 ---
7 NOWODWORSKA 43 36 ---
8 MIĘDZYLESKA 159 248
9 OSIEDLE HARMONIA (STODOLNA) 173 ---
10 WOŁOWSKA (NEW) --- 403
11
KRAKOWSKA / APARTAMENTY NAD OŁAWKĄ
(NEW)
--- 272
TOTAL WROCLAW 1 099 1 419
22
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
1
3
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: CRACOW
NUMBER OF UNITS, AS OF 30/09/2023
1
2
2
2
4
NO. PROJECT
UNDER
CONSTRUCTION
IN PREPARATION
1 GÓRKA NARODOWA 391 454
2 29 ALEJA 151 345
3 MALBORSKA 90 69
4 PARK MATECZNEGO (NEW) --- 593
TOTAL CRACOW 632 1 461
23
Dom Development S.A. endeavors 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, and therefore Dom Development S.A. cannot accept any responsibility for the consequences of using
such information, and in particular for any damage caused by reliance thereon for the purpose of investment decisions. The information published
in this presentation originates from reliable public sources, and to the best knowledge of Dom Development S.A. it may be considered reliable.
Contact for investors :
Joanna Czwarno Katarzyna Smulska
tel. +48 600 759 296 tel. +48 664 140 222
e-mail: joanna.czwarno@domd.pl e-mail: katarzyna.smulska@domd.pl
www.inwestor.domd.pl

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Prezentacja Q3 2023_ENG_www.pdf

  • 1. PRESENTATION OF RESULTS FOR Q3 2023 16 NOVEMBER 2023 DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
  • 2. 2 DOM DEVELOPMENT GROUP - Q3 2023 • 1 081 units sold in Q3 2023 (+54% YoY); bringing a total of 2 926 units in Q1-3 2023 (+29% YoY) • Robust market share – Dom Development Group remains sales leader in Poland • PLN 341m cash holdings as of 30 September 2023; gearing at 16% • Record dividend pay-out from 2022 profit: PLN 11/share, amounting to PLN 283m • Proposed dividend advance for 2023: PLN 5.5/share, amounting to PLN 141m • Almost 18,000 units in land bank as of 30 September 2023 • NPS of 75 – Net Promoter Score at a very high level *NPS – Net Promoter Score is an indicator calculated on the basis of customer satisfaction surveys, with a value ranging from -100 to 100 points; data on Polish housing developers is not available, though the average value for UK developers is 42 points (National new home customer satisfaction survey, March 2023).
  • 3. 3 SUMMARY OF FINANCIAL RESULTS FOR Q1-3 2023 REVENUE Q1-3 2023 Q1-3 2022 Change PLN 1 600m PLN 1 649m PLN (49)m (3)% 31% GROSS MARGIN Q1-3 2022: 30% 33% ROE 12M 12M to 09.2022: 25% 16% GEARING 30.09.2022: (3)% NET PROFIT Q1-3 2023 Q1-3 2022 Change PLN 260m PLN 260m PLN 0m 0 % NET CASH (DEBT) 30.09.2023 30.09.2022 Change PLN (225)m PLN 35m PLN (260)m
  • 4. 4 Q3 2023 MARKET SITUATION • Increased demand in housing market – resulting from steadily rising wages, relaxation of FSA creditworthiness criteria and introduction of "2% Safe Credit" programme • First round of interest rate cuts – additional demand-side stimulus • Increase in house prices – resulting from dynamic growth in demand alongside limited supply • Continued high proportion of investment purchases – resulting from high inflation, negative real interest rates on savings and prospect of further house price growth • Rise in mortgage-backed transactions to approximately 49% of Group sales in Q3 • Continued stability in construction costs - low volume of new developments keeping construction prices stable
  • 5. 5 703 831 914 931 1 081 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 SALES No. Of units CONTINUED QoQ SALES GROWTH THANKS TO AN ATTRACTIVE AND DIVERSIFIED OFFER AND DEMAND- SIDE STIMULUS OF THE "SECURE 2% LOAN” PROGRAMME Net sales (units) 9M 2023 9M 2022 Change YoY Warsaw 1 235 1 247 (1)% Tri-City 836 600 39% Wroclaw 502 263 91% Cracow 353 152 132% Dom Development Group 2 926 2 262 29%
  • 6. 6 Average transaction value (PLN k) Q3 2023 Q3 2022 Change YoY Warsaw 825 722 14% Tri-City 682 603 13% Wroclaw 617 531 16% Cracow 720 551 31% Dom Development Group 727 663 10% SALES SEGMENTATION – Q3 2023 LEADER IN PREMIUM RESIDENTIAL SEGMENT The value of the transaction includes flat price plus any fit-out, storage cell and parking space. 6% 16% 21% 19% 13% 25% up to PLN 400k PLN 500-400k PLN 600-500k PLN 700-600k PLN 800-700k over PLN 800k Segmentation of residential sales by value - Q3 2023
  • 7. 7 UNITS AVAILABLE FOR SALE - UNDER CONSTRUCTION AND FINISHED 2 231 1 887 2 138 2 460 2 087 49 195 174 119 54 2 280 2 082 2 312 2 579 2 141 30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023 Finished units Units under construction REDUCED OFFER AS A RESULT OF STRONG 2023 SALES Offer by market 30.09. 2023 30.09. 2022 Change YoY Warsaw 695 1 003 (31)% Tri-City 607 728 (17)% Wroclaw 620 324 91% Cracow 219 225 (3)% Dom Development Group 2 141 2 280 (6)% Finished units amount to only 3% of offer No. of units available for sale
  • 8. 8 PROJECTS COMMENCED IN Q3 2023 WROCLAW 100 units at the junction of Bielany, Żoliborz and Bemowo districts 126 units + 60 units (2 phases) 4 minutes from Dworzec Wileński metro station 151 units in the proximity of Al. Jerozolimskie, 3 min from S8 route and Southern Ring Road 89 units planned metro station (2nd line) in the heart of the development 51 units located in Pogórze near Gdynia 64 units in the proximity of the Tri-City Landscape Park 120 units One minute from nearest bus stop 173 units located in one of Wrocław’s greenest he greenest areas - Maślice WARSAW TRI-CITY
  • 9. 9 PROJECTS UNDER CONSTRUCTION ALL DEVELOPMENTS COMPLETED ON TIME, WHILE MAINTAINING HIGH MARGINS 71% of units under construction are sold Units under construction 30.09. 2023 30.09. 2022 Change YoY Warsaw* 3 605 3 236 11% Tri-City 1 920 2 391 (20)% Wroclaw 1 099 882 25% Cracow 632 550 15% Dom Development Group* 7 256 7 059 3% 7 059 5 779 6 375 6 763 7 256 30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023 * Including PRS transaction No. of units
  • 10. 10 Land Bank Land purchased Land under control Total Change Q-on-Q Warsaw 7 070 3 505 10 575 6% Tri-City 3 772 772 4 544 (2)% Wroclaw 1 419 0 1 419 (11)% Cracow 1 461 0 1 461 3% Dom Development Group 13 722 4 277 17 999 2% LAND BANK – OWNED AND CONTROLLED FINALISING HIGH QUALITY PROPERTY ACQUISITIONS IN Q3 Number of units to be built 11 657 13 048 12 402 12 223 13 722 5 433 4 077 3 676 5 373 4 277 17 090 17 125 16 078 17 596 17 999 30/09/2022 31/12/2022 31/03/2023 30/06/2023 30/09/2023 Plots owned Plots controlled
  • 11. 11 DELIVERIES DELIVERIES IN LINE WITH ANNUAL TARGETS No. of units Delivered units 9M 2023 9M 2022 Change YoY Warsaw 1 224 1 535 (20)% Tri-City 852 689 24% Wroclaw 287 260 10% Cracow 170 114 49% Dom Development Group 2 533 2 598 (3)% 420 1068 1350 648 535 74 68 69 74 75 III kw. 2022 IV kw. 2022 I kw. 2023 II kw.2023 III kw. 2023 NPS* *NPS (Net Promoter Score customer satisfaction index)
  • 12. 12 0 500 1 000 1 500 2 000 2 500 3 000 3 500 I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX XI I III V VII IX 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CUMULATIVE NET SALES TO BE RECOGNISED IN FUTURE PERIODS (UNITS SOLD NOT DELIVERED) PLN m Value 30.09.2022 4 792 units PLN 3 075m 30.09.2023 4 945 units* including: PLN 3 444m • 458 finished units; • 4 487 units under construction, with 1 423 completing in 2023 SIGNIFICANT REVENUE POTENTIAL TO BE RECOGNISED IN UPCOMING QUARTERS * excluding PRS transactions
  • 13. 13 PROFIT AND LOSS ACCOUNT WE MAINTAIN HIGH PROFITABILITY Profit and Loss Account Q3 Q3 Change YoY 9M 9M Change YoY 2023 2022 2023 2022 Sales Revenues, including 325.9 320.2 2% 1 600.4 1 649.0 (3)% Revenue from the sale of finished goods* 293.0 231.6 27% 1 521.9 1 469.7 4% Deliveries (units) 535 420 27% 2 533 2 598 (3)% Revenue from sale of finished goods per unit (PLN’000) 547.7 551.4 (1)% 600.8 565.7 6% Gross Profit on Sales 102.3 85.2 20% 499.9 490.6 2% Gross Profit Margin 31.4% 26.6% 4.8 p.p. 31.2% 29.8% 1.4 p.p. Operating Profit 44.2 27.5 61% 315.3 310.0 2% Operating Profit Margin 13.6% 8.6% 5.0 p.p. 19.7% 18.8% 0.9 p.p. Profit Before Tax 47.8 30.1 59% 329.6 323.1 2% Profit Before Tax Margin 14.7% 9.4% 5.3 p.p. 20.6% 19.6% 1.0 p.p. Net Profit 37.7 23.8 58% 260.3 259.6 0% Net Profit Margin 11.6% 7.4% 4.2 p.p. 16.3% 15.7% 0.5 p.p. EPS (PLN) 1.47 0.93 58% 10.15 10.14 0% * IAS 15 (revenue from sale of finished goods recognized on deliveries), figures in PLN m
  • 14. 14 BALANCE SHEET A STRONG BALANCE SHEET OFFERS SECURITY AGAINST MARKET VOLATILITY PLN m ASSETS 30.09.2023 30.09.2022 Change Current Assets 4 593 4 004 15% Cash 341 431 (21)% Incl. escrow accounts 143 94 52% Inventory, including: 4 062 3 429 18% Land and phases under construction 3 703 3 236 14% Finished units, parking places and storage cells 212 78 172% Fixed Assets 174 145 20% TOTAL ASSETS 4 767 4 150 15% EQUITY AND LIABILITIES 30.09.2023 30.09.2022 Change Equity 1 390 1 263 10% Total Liabilities 3 377 2 887 17% Long-term liabilities 734 505 45% Incl. Interest-bearing debt (bonds and loans) 526 310 70% Short-term liabilities, including: 2 643 2 382 11% Deferred income 1 953 1 719 14% Interest-bearing debt (bonds and loans) 40 86 (53)% TOTAL EQUITY AND LIABILITIES 4 767 4 150 15% FIXED OTHER INVENTORY CASH EAUITY EQUITY LONG-TERM LIABILITIES BONDS AND LOANS OTHER SHORT-TERM LIABILITIES TRADE PAYABLES AND OTHER BONDS AND LOANS LEASING DEFFERED INCOME 0 200 400 600 800 1 000 1 200 1 400 1 600 1 800 2 000 2 200 2 400 2 600 2 800 3 000 3 200 3 400 3 600 3 800 4 000 4 200 4 400 4 600 4 800 ASSETS LIABILITIES LIABILITIES PLN m
  • 15. 15 DEBT MATURITY STRUCTURE SUCCESSFUL NEW 5Y BOND ISSUE OF PLN 260m PLN 341m CASH PLN 434m UNDRAWN CREDIT LINES 6 40 50 100 110 260 2023 2024 2025 2026 2027 2028 Bank loans Bonds PLN m As of 30.09.2023 r.
  • 16. 16 SUMMARY - 9M 2023 • Dom Development Group is benefiting from a housing market bounce back with highly satisfactory sales performance (up 29% Y-o-Y in Q1-Q3 2023). • Continued high proportion of investment purchases (cash transactions accounted for 51% of sales in Q3, compared to 54% in Q2 and 60% in Q1 2023) • Delivery of 2,533 units in the first 9 months of 2023, including 535 in Q3 • 31% gross margin alongside PLN 260m net profit • Net debt at a safe, low level of PLN 225m (gearing at 16%) • Finalising the purchase of prospective land - 6 locations with 2,518 units: ─ Warsaw: Polski Walczącej (470 units), Bielany (494) ─ Wroclaw: Krzyki (286 units), Wołowska (403), Krakowska (272) ─ Cracow: Park Matecznego (593 units)
  • 18. 18 COMMENCEMENT OF HANDOVERS IN Q4 2023 PROJECT LOCATION TOTAL NUMBER OF UNITS PER PROJECT START OF HANDOVER NOWODWORSKA 43 WROCLAW 36 OCT’23 KONSTELACJA C1-C2 TRI-CITY 82 OCT’23 APARTAMENTY LUDWIKI PHASE 1 BLDG. C WARSAW 105 OCT’23 APARTAMENTY LUDWIKI PHASE 1 BLDG A, B,D,E WARSAW 327 NOV’23 METRO ZACHÓD 4 PHASE 2 WARSAW 172 NOV’23 APARTAMENTY SOLIPSKA STAGE 1 PHASE 1 WARSAW 96 NOV’23 APARTAMENTY SOLIPSKA STAGE 1 PHASE 2 WARSAW 91 NOV’23 LAS TRI-CITY 60 NOV’23 GÓRKA NARODOWA 3 PHASE 1 (B) CRACOW 136 DEC’23 METRO ZACHÓD 4 PHASE 1 WARSAW 110 DEC’23 METRO ZACHÓD 11 PHASE 1 WARSAW 148 DEC’23 PRZYSTANEK MIĘDZYLESIE WARSAW 110 DEC’23
  • 19. 19 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 1 3 14 16 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW NUMBER OF UNITS, AS OF 30/09/2023 5 4 11 13 12 7 6 8 10 18 17 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 METRO ZACHÓD 1 241 1 775 2 APARTAMENTY LITERACKA 100 443 3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) 133 --- 4 APARTAMENTY LUDWIKI 432 --- 5 URBINO 319 646 6 OSIEDLE PRZY ALEJACH 122 264 7 APARTAMENTY SOLIPSKA 187 --- 8 OSIEDLE PRZY FORCIE --- 124 9 OSIEDLE PRZY RYŻOWEJ 151 254 10 BEETHOVENA --- 570 11 APARTAMENTY BIAŁEJ KONICZYNY (PORY) 200 --- 12 OSIEDLE MOKOTÓW SPORTOWY (ANTONIEWSKA) --- 1 326 13 PALLADIUM (AKACJE) --- 410 14 OSIEDLE JAGIELLOŃSKA 316 -- 15 WILNO 186 294 16 PRZYSTANEK MIĘDZYLESIE 218 --- 17 POLSKI WALCZĄCEJ (NEW) --- 470 18 BIELANY (NEW) --- 494 TOTAL WARSAW 3 605 7 070 2 15 9 6 5
  • 20. 20 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 15 1 2 3 4 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION : TRI-CITY NUMBER OF UNITS, AS OF 30/09/2023 12 8 9 8 6 7 11 10 13 16 5 14 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 PERSPEKTYWA 306 --- 2 DOKI 498 489 3 DOLNE MIASTO --- 999 4 SYNTEZA 222 306 5 LEMA 189 --- 6 GDAŃSK WARSZAWSKA --- 350 7 WZGÓRZE HOPLITY (GDAŃSK KARTUSKA) --- 110 8 DYNAMIKA 114 --- 9 OSIEDLE BEAUFORTA 2 87 147 10 KONSTELACJA 164 490 11 GÓRA MARKOWCA --- 178 12 LOCUS 2 --- 150 13 OSIEDLE PRZY BŁONIACH 3 124 403 14 WIDOKI 156 60 15 LAS 60 --- 16 LEŚNA GÓRA --- 90 TOTAL TRI-CITY 1 920 3 772
  • 21. 21 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW NUMBER OF UNITS, AS OF 30/09/2023 2 3 4 5 6 6 6 7 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 6 2 5 2 8 10 1 11 9 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 KRZYKI (NEW) --- 286 2 BRANIBORSKA 187 210 3 OSIEDLE KOMEDY 115 --- 4 ZIELNA 195 --- 5 APARTAMENTY NAD RZEKĄ 152 --- 6 OSOBOWICKA 114 82 --- 7 NOWODWORSKA 43 36 --- 8 MIĘDZYLESKA 159 248 9 OSIEDLE HARMONIA (STODOLNA) 173 --- 10 WOŁOWSKA (NEW) --- 403 11 KRAKOWSKA / APARTAMENTY NAD OŁAWKĄ (NEW) --- 272 TOTAL WROCLAW 1 099 1 419
  • 22. 22 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 1 3 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: CRACOW NUMBER OF UNITS, AS OF 30/09/2023 1 2 2 2 4 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 GÓRKA NARODOWA 391 454 2 29 ALEJA 151 345 3 MALBORSKA 90 69 4 PARK MATECZNEGO (NEW) --- 593 TOTAL CRACOW 632 1 461
  • 23. 23 Dom Development S.A. endeavors 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, and therefore Dom Development S.A. cannot accept any responsibility for the consequences of using such information, and in particular for any damage caused by reliance thereon for the purpose of investment decisions. The information published in this presentation originates from reliable public sources, and to the best knowledge of Dom Development S.A. it may be considered reliable. Contact for investors : Joanna Czwarno Katarzyna Smulska tel. +48 600 759 296 tel. +48 664 140 222 e-mail: joanna.czwarno@domd.pl e-mail: katarzyna.smulska@domd.pl www.inwestor.domd.pl