Dom Development S.A. reported strong financial results for Q3 2018, with sales reaching their highest level for the year. Net profit decreased slightly compared to Q3 2017, though profits were up significantly for the first three quarters overall. The company continued expanding its land bank and construction projects. Demand remained high in the company's key markets, though competition for new land was also very strong.
Dom Development S.A. reported strong financial results for the first half of 2018, with net profit increasing 59% year-over-year to PLN 76.3 million. The company sold 1,650 units in H1 2018 and had 6,409 units under construction across 50 projects. Dom Development commenced construction on 19 new projects totaling 2,391 units in H1 2018 and expects to begin handovers on several projects in the second half of the year, driving further revenue and profit growth.
Dom Development S.A. reported strong financial results for Q3 2018, with sales reaching their highest level for the year. Net profit decreased slightly compared to Q3 2017, though profits were up significantly for the first three quarters overall. The company continued expanding its land bank and construction projects. Demand remained high in the company's key markets, though competition for new land was also very strong.
Dom Development S.A. reported strong financial results for the first half of 2018, with net profit increasing 59% year-over-year to PLN 76.3 million. The company sold 1,650 units in H1 2018 and had 6,409 units under construction across 50 projects. Dom Development commenced construction on 19 new projects totaling 2,391 units in H1 2018 and expects to begin handovers on several projects in the second half of the year, driving further revenue and profit growth.
The document summarizes the annual results presentation of Dom Development S.A. for 2018. Key highlights include record sales of 3,602 units with high margins, starting 30 projects totaling 3,598 units, completing 34 projects totaling 4,406 units on time, and purchasing new land plots. Financially, the company reported record revenues of PLN 1,654 million, net income of PLN 227 million, and low gearing of 7%. The company also had a strong order backlog and land bank to support continued growth.
Dom Development S.A. reported strong Q1 2018 results, with unit sales up 5% YoY to 848 units. Revenues increased 80% YoY to PLN 203m and net profit was PLN 17.5m compared to a loss in Q1 2017. The company commenced construction of 7 new projects totaling 1,079 units. Favorable market conditions supported demand, though supply constraints caused construction cost increases.
Dom Development S.A. Consolidated Group reported record results for Q3 2017, including record sales of 1,081 units (+53% year-over-year) and the largest number of units under construction at 6,241 (+61% year-over-year). Financial results were also up significantly year-over-year, with revenues increasing 12% to PLN 245m, gross profit margin increasing 5 percentage points to 28%, and net profit rising 54% to PLN 26m. The residential market in Poland remained strong in Q3 2017 with continued demand and slight price increases.
The document provides financial and operational results for Dom Development S.A. Consolidated Group for the first half of 2017. Key points include:
- Acquisition of Euro Styl S.A. boosted Dom Development's scale of operations. Record quarterly sales of 850 units and revenues of PLN 322.5m were achieved.
- Over 5,945 units were under construction across 37 projects as of June 2017. The company has 3,475 units available for sale.
- Net profit increased 166% year-over-year to PLN 49m due to strong sales and margin growth. The company has a net cash position of PLN 105m.
Dom Development S.A. reported strong Q1 2017 results, with record quarterly sales of 806 units, a 31% increase over Q1 2016. The company has high cash levels of PLN 410 million and no net debt. Due diligence on the potential Euro Styl acquisition is proceeding positively and expected to complete by June 30. While the company reported a loss of PLN 1.0 million for Q1 2017 due to seasonally low handovers, sales and pre-sales remain high. Dom Development has 3,854 units under construction across 25 projects and 2,550 units available for sale.
Dom Development Group reported record financial results in 2021. It sold over 4,000 units, up 8% year-over-year, with the average sale price increasing 12% to PLN 667k. The company achieved a record net profit of PLN 325m and ended the year with PLN 648m in cash and net cash of PLN 255m. Dom Development expanded into the Cracow market in 2021 and increased its land bank to almost 17,000 plots.
This document provides an overview of Dom Development S.A.'s 2016 results and future plans. Key highlights include record-high sales and handovers in 2016, a net profit of PLN 125.7m which was a 56% increase over 2015, strong cash levels of PLN 437m and no net debt, and plans to maintain their consistent dividend policy of paying out 100% of net profits. Looking ahead, Dom plans to further expand their residential real estate development business, including pursuing an acquisition in the Tri-City market leader Euro Styl Capital Group.
CD Projekt Group had strong financial results in 2017, driven by the continued success of The Witcher 3. The Witcher 3 sold over 33 million copies across all platforms within 3 years of release. Revenues from The Witcher 3 expansions grew each year. CD Projekt also had success with Gwent and GOG.com. Looking ahead, they will focus on new content for Gwent and the single-player campaign Thronebreaker, as well as expanding GOG.com.
The document reports on recent economic indicators and trends in Spain and other European countries. It notes that business creation in Spain increased slightly by 0.77% in January-November 2018 compared to the same period the previous year. The manufacturing PMI in Spain rose to 52.6 in November due to recovery in production and new orders. Passenger car registrations decreased 12.6% in Spain and 8% in the EU in November year-over-year. Housing prices in Spain increased 3.2% in Q3 2018 from the same period in 2017.
1) Growth forecasts for Spain were lowered by international organizations due to deceleration of the global economy, with the European Commission, OECD, and IMF forecasting growth of 2.6% in 2018 and 2.2% in 2019.
2) Spain's current account balance surplus fell significantly in the first 9 months of 2018 compared to the same period in 2017, mainly due to a large drop in the balance of goods and services.
3) Spain's inflation rate dropped in November compared to the previous month, predominantly because of reductions in electricity and fuel prices.
Dom Development S.A. presented its 2014 results which showed record high quarterly sales of 531 flats in Q4 2014. For the full year, the company sold 1,889 flats, up from 1,652 in 2013. The company maintained a strong balance sheet with PLN 352.8 million in cash and low gearing of 4.8% as of December 31, 2014. Dom Development recommends paying a dividend of PLN 2.25 per share from 2014 profits.
I've created this Travelers Notebook Template for a B6 Slim size insert. Feel free to download, print, edit and use for yourself. Follow me on LinkedIn for more fun posts.
Deutsche EuroShop | Conference Call Presentation - Half-Year Financial Report...Deutsche EuroShop AG
This document provides a summary of a half-year financial report conference call held on August 15, 2018. It discusses the company's retail turnover, which decreased 2.0% on a like-for-like basis in Germany in the first half of 2018. It also provides details on the company's profit and loss, funds from operations, earnings per share, balance sheet, loan structure, and financial outlook. Key metrics like FFO increased 5.4% year-over-year while earnings per share was €0.89. The company expects continued revenue, FFO, and dividend growth through 2019.
This document summarizes the global economic outlook from Swedbank. It notes that global GDP growth forecasts for 2012 and 2013 have been revised downward to 3.0% and 3.1% respectively, due to slowing growth in developed economies and emerging markets. While some countries saw upward revisions to 2012 growth due to strong early year results, growth is expected to weaken further in 2013, especially in the eurozone and US. Potential global growth is now estimated around 3.8%, lower than previous estimates, due to issues like high debt levels, weak financial systems, and insufficient reforms. Downside risks to the outlook are seen as more probable than upside risks.
1) According to a survey by Ipsos for Europ Assistance, Europeans' plans to go on holiday this summer are dropping to the lowest level in 8 years due to the ongoing economic crisis. Only 54% of Europeans plan to travel, down 4 points from 2012.
2) The French are particularly affected this year, with only 62% planning to travel, an 8 point drop from last year. However, their holiday budgets have remained stable at around 2,100 euros on average.
3) While departure plans are decreasing, Europeans who do travel are maintaining their budgets. The top destinations remain within Europe, especially France, Italy and Spain. The internet and social media are also increasingly used to plan holidays.
H1 2022 Results Presentation of Dom Development S.A. Capital Group.
Dom Development S.A. is the biggest Polish residential developer, operating on the market since 1996. The Dom Development Capital Group operates in Warsaw, Cracow, Tricity and Wroclaw.
Dom Development S.A shares have been listed on the Warsaw Stock Exchange since October 2006.
Q3 2022 Results Presentation of Dom Development S.A. Capital Group.
Dom Development S.A. is the biggest Polish residential developer, operating on the market since 1996. The Dom Development Capital Group operates in Warsaw, Cracow, Tricity and Wroclaw.
Dom Development S.A shares have been listed on the Warsaw Stock Exchange since October 2006.
The document summarizes the annual results presentation of Dom Development S.A. for 2018. Key highlights include record sales of 3,602 units with high margins, starting 30 projects totaling 3,598 units, completing 34 projects totaling 4,406 units on time, and purchasing new land plots. Financially, the company reported record revenues of PLN 1,654 million, net income of PLN 227 million, and low gearing of 7%. The company also had a strong order backlog and land bank to support continued growth.
Dom Development S.A. reported strong Q1 2018 results, with unit sales up 5% YoY to 848 units. Revenues increased 80% YoY to PLN 203m and net profit was PLN 17.5m compared to a loss in Q1 2017. The company commenced construction of 7 new projects totaling 1,079 units. Favorable market conditions supported demand, though supply constraints caused construction cost increases.
Dom Development S.A. Consolidated Group reported record results for Q3 2017, including record sales of 1,081 units (+53% year-over-year) and the largest number of units under construction at 6,241 (+61% year-over-year). Financial results were also up significantly year-over-year, with revenues increasing 12% to PLN 245m, gross profit margin increasing 5 percentage points to 28%, and net profit rising 54% to PLN 26m. The residential market in Poland remained strong in Q3 2017 with continued demand and slight price increases.
The document provides financial and operational results for Dom Development S.A. Consolidated Group for the first half of 2017. Key points include:
- Acquisition of Euro Styl S.A. boosted Dom Development's scale of operations. Record quarterly sales of 850 units and revenues of PLN 322.5m were achieved.
- Over 5,945 units were under construction across 37 projects as of June 2017. The company has 3,475 units available for sale.
- Net profit increased 166% year-over-year to PLN 49m due to strong sales and margin growth. The company has a net cash position of PLN 105m.
Dom Development S.A. reported strong Q1 2017 results, with record quarterly sales of 806 units, a 31% increase over Q1 2016. The company has high cash levels of PLN 410 million and no net debt. Due diligence on the potential Euro Styl acquisition is proceeding positively and expected to complete by June 30. While the company reported a loss of PLN 1.0 million for Q1 2017 due to seasonally low handovers, sales and pre-sales remain high. Dom Development has 3,854 units under construction across 25 projects and 2,550 units available for sale.
Dom Development Group reported record financial results in 2021. It sold over 4,000 units, up 8% year-over-year, with the average sale price increasing 12% to PLN 667k. The company achieved a record net profit of PLN 325m and ended the year with PLN 648m in cash and net cash of PLN 255m. Dom Development expanded into the Cracow market in 2021 and increased its land bank to almost 17,000 plots.
This document provides an overview of Dom Development S.A.'s 2016 results and future plans. Key highlights include record-high sales and handovers in 2016, a net profit of PLN 125.7m which was a 56% increase over 2015, strong cash levels of PLN 437m and no net debt, and plans to maintain their consistent dividend policy of paying out 100% of net profits. Looking ahead, Dom plans to further expand their residential real estate development business, including pursuing an acquisition in the Tri-City market leader Euro Styl Capital Group.
CD Projekt Group had strong financial results in 2017, driven by the continued success of The Witcher 3. The Witcher 3 sold over 33 million copies across all platforms within 3 years of release. Revenues from The Witcher 3 expansions grew each year. CD Projekt also had success with Gwent and GOG.com. Looking ahead, they will focus on new content for Gwent and the single-player campaign Thronebreaker, as well as expanding GOG.com.
The document reports on recent economic indicators and trends in Spain and other European countries. It notes that business creation in Spain increased slightly by 0.77% in January-November 2018 compared to the same period the previous year. The manufacturing PMI in Spain rose to 52.6 in November due to recovery in production and new orders. Passenger car registrations decreased 12.6% in Spain and 8% in the EU in November year-over-year. Housing prices in Spain increased 3.2% in Q3 2018 from the same period in 2017.
1) Growth forecasts for Spain were lowered by international organizations due to deceleration of the global economy, with the European Commission, OECD, and IMF forecasting growth of 2.6% in 2018 and 2.2% in 2019.
2) Spain's current account balance surplus fell significantly in the first 9 months of 2018 compared to the same period in 2017, mainly due to a large drop in the balance of goods and services.
3) Spain's inflation rate dropped in November compared to the previous month, predominantly because of reductions in electricity and fuel prices.
Dom Development S.A. presented its 2014 results which showed record high quarterly sales of 531 flats in Q4 2014. For the full year, the company sold 1,889 flats, up from 1,652 in 2013. The company maintained a strong balance sheet with PLN 352.8 million in cash and low gearing of 4.8% as of December 31, 2014. Dom Development recommends paying a dividend of PLN 2.25 per share from 2014 profits.
I've created this Travelers Notebook Template for a B6 Slim size insert. Feel free to download, print, edit and use for yourself. Follow me on LinkedIn for more fun posts.
Deutsche EuroShop | Conference Call Presentation - Half-Year Financial Report...Deutsche EuroShop AG
This document provides a summary of a half-year financial report conference call held on August 15, 2018. It discusses the company's retail turnover, which decreased 2.0% on a like-for-like basis in Germany in the first half of 2018. It also provides details on the company's profit and loss, funds from operations, earnings per share, balance sheet, loan structure, and financial outlook. Key metrics like FFO increased 5.4% year-over-year while earnings per share was €0.89. The company expects continued revenue, FFO, and dividend growth through 2019.
This document summarizes the global economic outlook from Swedbank. It notes that global GDP growth forecasts for 2012 and 2013 have been revised downward to 3.0% and 3.1% respectively, due to slowing growth in developed economies and emerging markets. While some countries saw upward revisions to 2012 growth due to strong early year results, growth is expected to weaken further in 2013, especially in the eurozone and US. Potential global growth is now estimated around 3.8%, lower than previous estimates, due to issues like high debt levels, weak financial systems, and insufficient reforms. Downside risks to the outlook are seen as more probable than upside risks.
1) According to a survey by Ipsos for Europ Assistance, Europeans' plans to go on holiday this summer are dropping to the lowest level in 8 years due to the ongoing economic crisis. Only 54% of Europeans plan to travel, down 4 points from 2012.
2) The French are particularly affected this year, with only 62% planning to travel, an 8 point drop from last year. However, their holiday budgets have remained stable at around 2,100 euros on average.
3) While departure plans are decreasing, Europeans who do travel are maintaining their budgets. The top destinations remain within Europe, especially France, Italy and Spain. The internet and social media are also increasingly used to plan holidays.
H1 2022 Results Presentation of Dom Development S.A. Capital Group.
Dom Development S.A. is the biggest Polish residential developer, operating on the market since 1996. The Dom Development Capital Group operates in Warsaw, Cracow, Tricity and Wroclaw.
Dom Development S.A shares have been listed on the Warsaw Stock Exchange since October 2006.
Q3 2022 Results Presentation of Dom Development S.A. Capital Group.
Dom Development S.A. is the biggest Polish residential developer, operating on the market since 1996. The Dom Development Capital Group operates in Warsaw, Cracow, Tricity and Wroclaw.
Dom Development S.A shares have been listed on the Warsaw Stock Exchange since October 2006.
- Dom Development launched operations in Cracow through acquisitions, unlocking significant growth potential.
- Mortgage demand was constrained by rising interest rates and market volatility from the Russian invasion of Ukraine.
- A record 6,977 units were under construction as of the end of March.
- 1,094 units were delivered in Q1 2022 with an average value of PLN 665k and a 32% gross margin resulting in PLN 142m net profit.
- The company had PLN 535m in cash and negative gearing of -11%.
- Dom Development S.A. Capital Group presented results for 2022, reporting a record net profit of PLN 410m despite a challenging market. Residential sales volumes declined 24% compared to a 45% market decline.
- The group delivered 3,666 units in 2022 and expanded operations to Cracow. A first transaction of 397 units was also completed for an institutional investor in the private rental sector.
- With 5,779 units under construction and a large land bank, the group is well positioned for future growth. Strong cash reserves of PLN 374m and low gearing provide financial flexibility.
Presentation of 2023 Results domdev.pptxklaudiafilka
- Dom Development Group reported record results for 2023 with net profit increasing 12% to PLN 460m. Key metrics like revenue, units sold, and land bank also reached all-time highs.
- The company sold 3,906 units in 2023, up 26% year-over-year, with strong growth across all markets. Customer satisfaction remained very high at a NPS of 71 points.
- Dom Development has a large land bank that can support development of almost 20,000 units, up 15% over 2022. The number of units under construction increased 16% while deliveries were up 5%.
Dom Development S.A. Consolidated Group reported strong Q1 2023 results with a 21% increase in unit sales. Key highlights included:
- 914 units sold in Q1 2023 across Warsaw, Wroclaw, Tri-City and Cracow markets.
- Cracow market share increased to 6.4% with sales up 127% quarter-over-quarter and 140% year-over-year.
- Commencement of 10 new projects comprising 1,375 units across four locations.
- Revenue of PLN 822m, up 13% year-over-year, with a gross margin of 31% and net profit of PLN 159m.
Dom Development Group saw strong sales growth in Q3 2023, with units sold up 54% year-over-year. The company maintained high profitability with a 31% gross margin and PLN 260m net profit for the first three quarters. Dom Development has a large land bank of almost 18,000 units and several new project commencements planned in Q4 that will contribute to future revenue and profit.
Dom Development S.A. Consolidated Group reported strong Q1 2023 results, with a 21% increase in unit sales to 914 across key markets. Revenue grew 13% to PLN 822m driven by a 23% increase in unit deliveries to 1,350. Net profit increased 12% to PLN 159m and the Group had a strong balance sheet with PLN 485m cash. For 2022, an record dividend of PLN 11 per share was recommended. Commencement of new projects and a growing land bank provide a platform for continued expansion.
Dom Development S.A. reported record residential sales of 598 units in Q2 2015, a 24% year-over-year increase. The company acquired attractive new land plots that added over 2,600 potential units to its Warsaw land bank. As of June 30, 2015 Dom had 3,727 units under construction and cash levels of PLN 300 million with low gearing of 9%. For the first half of 2015, the company reported a net profit of PLN 5.1 million.
Dom Development S.A. reported record results in 2015 with a 44% increase in net profit to PLN 80.8m, driven by a 23% rise in unit sales to a record 2,383 units. The company purchased land for 12 new projects totaling 4,500 units, expanding its land bank. It maintained a strong balance sheet with PLN 225m in cash and low gearing of 16%, and recommended a 100% dividend payout ratio for 2015 profits.
This document provides a summary of a company presentation from November 2022. It discusses positive performance in rents, with a 98% collection ratio and 94% occupancy rate. Financially, the company has a solid cash position of €321M and low loan-to-value of 30.1%. Forecasts for 2022 include FFO per share between €1.95-€2.05. The impacts of the pandemic on footfall and retail sales are presented. The digital mall platform connects over 1,100 stores offering over 3.5M products. The portfolio has a weighted lease maturity of 5 years and low dependence on top tenants.
- Dom Development S.A. reported record quarterly sales of 615 units in Q1 2016, up 32% year-over-year, with potential future sales value of PLN 577m from 1,312 units across 9 upcoming projects.
- The company is well positioned with safe cash levels of PLN 311m and low gearing of 4%, preparing to launch new projects and make land purchases.
- Net profit was PLN 5.1m in Q1 2016 compared to a net loss of PLN 5.4m in Q1 2015, with a land bank of over 6,600 units under construction or preparation.
Dom Development S.A. reported strong H1 2014 results, with sales and margins growing compared to the same period last year. The company had over 3,100 units under construction and 2,450 units available for sale at the end of Q2 2014. Financial results were in line with consensus expectations and the company maintains high cash levels and low net debt providing potential for new land purchases and construction starts.
This document provides a summary of Company's business activities as of September 2022. Rent collection was 98% with high occupancy of 94%. Finances are solid with €321M cash and low 30.1% LTV. Footfall and retail sales are recovering from pandemic impacts. The digital mall connects over 1,100 stores offering 3.5M products. Forecasted FFO for 2022 is between €1.95-€2.05 per share assuming no further pandemic or energy crisis impacts.
The document provides an overview of a company's business activities from February 2023. It discusses strong rent collection and occupancy rates. It also notes a solid cash position and meeting of financial covenants. Forecasts for 2022 include FFO per share between €1.95-€2.05 and conditions for forecasts being met. The document also summarizes updates on digital initiatives, new tenants, and a positive valuation result.
Dom Development S.A. reported strong Q1 2017 results, with record quarterly sales of 806 units, a 31% increase over Q1 2016. The company has high cash levels of PLN 410 million and no net debt. Due diligence on the potential acquisition of Euro Styl is proceeding positively and expected to complete by June 30. While the company reported a loss of PLN 1.0 million for Q1 2017 due to seasonally low handovers, sales and pre-sales remain high. Dom Development has 3,854 units under construction across 25 projects in Warsaw, Wroclaw and other cities.
Dom Development S.A. reported strong quarterly results, with record net sales of 640 units in Q3 2015, up 26% year-over-year. The company successfully launched two large projects totaling over 1,600 units. Dom maintained a strong balance sheet with PLN 310 million in cash and low gearing of 7%. For the first three quarters of 2015, Dom reported a net profit of PLN 14.7 million on total revenues of PLN 424.2 million. The company added seven new plots to its Warsaw land bank totaling approximately 2,600 units.
- The company reported a 98% rent collection ratio and 94% occupancy rate for the first 9 months of 2022, with a solid cash position of €321M.
- Footfall and retail turnover in the company's shopping centers have stabilized after being impacted by the pandemic, reaching 88% and 90.4% of pre-pandemic levels respectively in Q3 2022.
- The company forecasts FFO per share for 2022 to be between €1.95-€2.05, conditional on no further impacts from the war in Ukraine or energy crisis.
This document provides a summary of a company presentation for February 2024. It discusses the company's strong comeback in operational business with increasing footfall and retail sales. Financially, the company has a low loan-to-value ratio and strong cash position. The company expects continued improvement in operational business for 2023 and forecasts its FFO for the year to increase by over 20% compared to 2022.
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Dom Development Group H1 2021 Results Presentation
1. PRESENTATION OF H1 2021 RESULTS
26 AUGUST 2021
DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
2. 2
DOM DEVELOPMENT GROUP – NO. 1 HOMEBUILDER IN POLAND
CREATING NEIGHBOURLY LIVING SPACE IN BIG CITIES
WROCŁAW
IN 25 YEARS OUR DEVELOPMENTS
HAVE BECOME HOME TO OVER 120 000 PEOPLE
3. 3
CRACOW
SECOND LARGEST HOUSEBUILDING MARKET IN POLAND
HIGHLY FRAGMENTED: GREAT EXPANSION OPPORTUNITY
CRACOW DEVELOPER IN DOM DEVELOPMENT GROUP
1 JULY 2021 – ACQUISITION OF A 77% CONTROLLING STAKE IN SENTO S.A.
8 789
Flats sold in 2020
No. 2 to Warsaw;
JLL data
PLN 10 768
Average offer price per sqm
as at Q2 2021
No. 2 to Warsaw; JLL data
780k
Population
Attractive destination with
growing population
~6%
Leading market share
Heavily fragmented market
with high potential for
consolidation
• One of Poland’s main business centers
• Strong labour market – high wages and low unemployment
• University city with 130 000 students
• Numerous attractions and high tourist traffic
4. 4
CRACOW DEVELOPER IN DOM DEVELOPMENT GROUP
1 JULY 2021 – ACQUISITION OF A 77% CONTROLLING STAKE IN SENTO S.A.
Sento S.A.
LOCAL EXPERIENCE IN PREMIUM SEGMENT
Data presented in the following part of this presentation does not include Sento S.A.
228
Flats in offer
as at 30.06.2021
Across three locations
in Cracow
327
Units under construction
three phases of SenTOTU
development
127
Units sold in H1 2021
significant sales growth
(12M 2020: 117 units)
727
Units in land bank
including 561 in
Górka Narodowa project
3
2
1 SenTOTU Sensity Barska 69
2
1
3
PROJECTS IN THE OFFER:
READY FOR HANDOVER
UNDER CONSTRUCTION
PROJECT IN PREPARATION
FINISHED PROJECTS
5. 5
THE FIRST HALF OF 2021 AT DOM DEVELOPMENT GROUP
2 116
UNITS SOLD
+30% YoY
PLN 638k
AVERAGE VALUE
per sold flat
17k
UNITS IN LAND BANK
Record-high development potential
PLN 10 per share
RECORD-HIGH DIVIDEND FOR 2020
PLN 254m in total
PLN 549m
CASH AS AT 30.06.2021
PLN 65m net cash
70.1 points
NET PROMOTER SCORE
Underscores our quality
*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 2021).
7. 7
MARKET IN H1 2021
• Strong demand across all market segments
• Insufficient market supply due to administrative delays and permit problems,
particularly in Warsaw
• Accelerated price growth due to strong demand alongside restricted supply
• Low interest rates and rising inflation expectations provided boost to housing market
• High mortgage availability
• Cash purchases continue to account for approx. 40% of Group sales
• Building on time and within bugdet despite rising prices and limited availability of construction materials
8. 8
815 816
995
1 130 1 084 1 032
Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021
SALES
No. of units
30% YOY VOLUME GROWTH IN H1 2021
Net sales (units)
H1
2021
H1
2020
Change
YoY
Warsaw 1 148 1 100 +4%
Tri-City 674 367 +84%
Wroclaw 294 164 +79%
Dom Development
Group
2 116 1 631 +30%
2 116 UNITS
SOLD IN H1 2021
9. 9
Average transaction
value (PLN k)
H1
2021
H1
2020
Change
YoY
Warsaw 758 634 +20%
Tri-City 512 433 +18%
Wroclaw 445 449 -1%
Dom Development
Group
638 567 +13%
H1 2021 SALES SEGMENTATION
HIGH SHARE OF PREMIUM FLATS UNDERSCORES GROUP MARKET POSITION
Unit sale value includes price of flat with fit-out (if purchased), storage room (if purchased) and parking space (if purchased).
10%
21%
19%
15%
35%
up to PLN 350k
PLN 350-450k
PLN 450-550k
PLN 550-650k
over PLN 650k
Dom Development Group
Sales value segmentation
Within 6 months
we have sold
over 1 200 flats
at prices exceeding
PLN 500k
10. 10
OFFER
2 019
2 377 2 482 2 375
1 771
30/06/2020 30/09/2020 31/12/2020 31/03/2021 30/06/2021
No. of units
TEMPORARY DROP DUE TO STRONG DEMAND AND ADMINISTRATIVE DELAYS
Group’s offer
by location
30.06.
2021
30.06.
2020
Change
YoY
Warsaw 564 1 422 -60%
Tri-City 802 403 +99%
Wroclaw 405 194 +109%
Dom Development
Group
1 771 2 019 -12%
11. 11
UNITS UNDER CONSTRUCTION
4 507
5 115 5 298 5 579 5 804
30/06/2020 30/09/2020 31/12/2020 31/03/2021 30/06/2021
No. of units
RECORD-HIGH NUMBER OF UNITS UNDER CONSTRUCTION - ALL SITES PROGRESSING ON TIME AND ON BUDGET
Units under
construction
30.06.
2021
30.06.
2020
Change
YoY
Warsaw 2 718 2 635 +3%
Tri-City 2 344 1 308 +79%
Wroclaw 742 564 +32%
Dom Development
Group
5 804 4 507 +29%
Project/phase launches in Q2 2021:
Warsaw:
Metro Zachód phase 3/2 (153 units)
Tri-City:
Osiedle Przy Błoniach buildings 3 and 4 (110 units)
Dynamika building C and D (106 units)
Wydma – Jastarnia (56 units)
12. 12
Land Bank Owned Controlled Total
Change
YoY
Warsaw 3 191 6 497 9 688 +37%
Tri-City 3 774 1 748 5 522 -17%
Wroclaw 544 1 293 1 837 +27%
Dom Development
Group
7 509 9 538 17 047 +12%
LAND BANK – OWNED AND CONTROLLED
RECORD-HIGH LAND BANK POTENTIAL – OVER 17K PLOTS TO BE DEVELOPED
7 633 7 507 6 691 7 144 7 509
7 582
5 745 7 975
8 448
9 538
15 215
13 252
14 666
15 592
17 047
30/06/2020 30/09/2020 31/12/2020 31/03/2021 30/06/2021
Plots owned Plots controlled
No. of units to be developed
13. 13
DELIVERIES
MOST OF OUR 2021 DELIVERIES TOOK PLACE IN H1:
WE ARE DELIVERING THE HIGHEST QUALITY FLATS ON SCHEDULE
No. of units
Deliveries in units
H1
2021
H1
2020
Change
YoY
Warsaw 1 201 930 +29%
Tri-City 277 227 +22%
Wroclaw 444 84 +429%
Dom Development
Group
1 922 1 241 +55%
549
692 692
1 073
1 366
556
Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021
14. 14
0
500
1 000
1 500
2 000
2 500
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
2013 2014 2015 2016 2017 2018 2019 2020 2021
CUMULATIVE NET SALES TO BE RECOGNIZED IN P&L
(UNITS SOLD BUT NOT DELIVERED - PRESALES)
RECORD-HIGH REVENUE PIPELINE OF PLN 2 365M
PLN m
Units sold but not delivered (presales): Value
30.06.2020 3 751 units PLN 1 938m
30.06.2021 4 305 units, including: PLN 2 365m
• 345 finished units;
• 3 960 units under construction,
with 1 453 completing in 2021
15. 15
Profit and Loss Account H1 2021 H1 2020
Change
YoY
Sales Revenues 1 144.4 772.2 +48%
Handovers (units) 1 922 1 241 +55%
Revenue per unit (PLN’000) 595.4 622.2 -4%
Gross Profit on Sales 380.1 239.4 +59%
Gross Profit Margin 33.2% 31.0% +2.2 pp
Operating Profit 289.6 153.9 +88%
Operating Profit Margin 25.3% 19.9% +5.4 pp
Profit Before Tax 288.3 146.5 +97%
Profit Before Tax Margin 25.2% 19.0% +6.2 pp
Net Profit 232.5 117.7 +98%
Net Profit Margin 20.3% 15.2% +5.1 pp
EPS (PLN) 9.17 4.68 +96%
IAS 15, PLN m
PROFIT AND LOSS ACCOUNT
MEASURABLE OUTCOMES OF MARGIN-MAXIMISATION STRATEGY
16. 16
BALANCE SHEET
STRONG BALANCE SHEET SUPPORTS GROUP DEVELOPMENT AND GROWTH IN SCALE OF OPERATIONS
PLN m
ASSETS 30.06.2021 30.06.2020 Change
Current Assets 3 171 3 287 -4%
Cash 549 644 -15%
Incl. escrow accounts 42 44 -6%
Inventory, including: 2 433 2 548 -5%
Land and projects under construction 1 972 2 034 -3%
Finished units, parking places and storage cells 144 246 -41%
Fixed Assets 77 69 11%
TOTAL ASSETS 3 248 3 356 -3%
EQUITY AND LIABILITIES 30.06.2021 30.06.2020 Change
Equity 1 148 1 208 -5%
Total Liabilities 2 100 2 149 -2%
Long-term liabilities 569 726 -22%
Incl. Interest-bearing debt (bonds and loans) 406 593 -31%
Short-term liabilities, including: 1 532 1 432 8%
Deferred income 1 056 1 024 3%
Interest-bearing debt (bonds and loans) 78 - n.a.
TOTAL EQUITY AND LIABILITIES 3 248 3 356 -3%
FIXED
OTHER
INVENTORY
CASH
EQUITY
EQUITY
LONG-TERM
LIABILITIES
LOANS
BONDS
OTHER
SHORT-TERM
LIABILITIES
TRADE
PAYABLES
AND OTHER
BONDS
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
ASSETS LIABILITIES
PLN m
17. 17
DEBT MATURITY STRUCTURE
WELL-SPREAD DEBT MATURITY SUPPORTS OUR AGILITY
PLN 549m
CASH
PLN 339m
AVAILABLE CREDIT LINES
78
50 50 50
100
110
46
0
20
40
60
80
100
120
by 11.2021 by 12.2022 by 10.2023 by 12.2024 by 09.2025 by 05.2026
Bonds Bank loans
PLN m
As of 30.06.2021
18. 18
SUMMARY: H1 2021
• Strong demand across market segments
• 2 116 units sold at high margin
• Record-high 5 804 units under construction at June end
• 1 922 units delivered at average value of PLN 595k
• Gross margin at 33% and net profit of PLN 232.5m
• PLN 549m cash at bank with negative gearing of 6%
20. 20
COMMENCEMENT OF HANDOVERS IN Q3-Q4 2021
PROJECT/PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
PROJECT/PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
3RD
QUARTER
DAWNA POCZTA TRI-CITY 106 JUL'21
4TH
QUARTER
WILNO V PHASE 1 WARSAW 326 OCT'21
BEAUFORTA BUILDING 18 TRI-CITY 35 AUG'21 LOCUS BUILDING 4 TRI-CITY 91 NOV'21
BEAUFORTA BUILDING 19 TRI-CITY 32 AUG'21 NASZE MIEJSCE BUILDING B TRI-CITY 44 NOV'21
BEAUFORTA BUILDING 20 TRI-CITY 38 AUG'21 PERSPEKTYWA PHASE 1/1 TRI-CITY 33 NOV'21
ZIELONY POŁUDNIK BUILDING 13 TRI-CITY 50 SEP'21 BEAUFORTA BUILDING 8 TRI-CITY 35 NOV'21
OSIEDLE CIS TRI-CITY 148 SEP'21 BEAUFORTA BUILDING 9 TRI-CITY 27 NOV'21
BEAUFORTA BUILDING 11 TRI-CITY 35 NOV'21
ŻOLIBORZ ARTYSTYCZNY PHASE 13/1 WARSAW 158 DEC'21
ŻOLIBORZ ARTYSTYCZNY PHASE 13/2 WARSAW 55 DEC'21
METRO ZACHÓD PHASE 2/1 WARSAW 129 DEC'21
OSIEDLE GŁĘBOCKA PHASE 1 WARSAW 60 DEC'21
PERSPEKTYWA PHASE 1/2 TRI-CITY 21 DEC'21
ZIELONY POŁUDNIK BUILDINGS 18-19 TRI-CITY 44 DEC'21
21. 21
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 METRO ZACHÓD (+363) 551 760
2 LITERACKA --- 530
3 ŻOLIBORZ ARTYSTYCZNY 493 ---
4 CIOŁKA --- 133
5 LUDWIKI --- 429
6 URBINO (NEW) --- 124
7 APARTAMENTY SŁUŻEWIEC (BOKSERSKA) 37 ---
8 PORY --- 200
9 PALLADIUM (AKACJE) --- 566
10 GŁĘBOCKA 271 ---
11 WILNO 851 230
12 REZYDENCJA STANISŁAWA AUGUSTA 125 ---
13 STACJA GROCHÓW 390 ---
14 WAWER --- 219
TOTAL
WARSAW
2 718 3 191
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
9
10
1
2
3
4
5
6
7
8
11
12
13
14
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW
NO. OF UNITS, AS OF 30/06/2021
22. 22
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
17
1 2
3
4
6
7
8
9
13
14
15
16
5
1011
12
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY
NO. OF UNITS, AS OF 30/06/2021
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 PERSPEKTYWA 376 283
2 DOKI + MONTOWNIA 343 857
3 DOLNE MIASTO --- 371
4 DAWNA POCZTA 106 ---
5 PIEKARNICZA --- 536
6 DYNAMIKA 196 138
7 NASZE MIEJSCE 124 ---
8 ZIELONY POŁUDNIK 326 138
9 OSIEDLE CIS 148 ---
10 OSIEDLE BEAUFORTA 355 ---
11 OSIEDLE BEAUFORTA 2 --- 414
12 KONSTELACJA --- 642
13 LOCUS 91 ---
14 OSIEDLE PRZY BŁONIACH 220 ---
15 RUMIA ZA BŁONIAMI (NEW) --- 220
16 RUMIA WYŻYNNA (NEW) --- 175
17 WYDMA 59 ---
TOTAL
TRI-CITY
2 344 3 774
23. 23
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW
NO. OF UNITS, AS OF 30/06/2021
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
5
1
2
3
4
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 OSIEDLE CHOCIEBUSKA 11 196 ---
2 APARTAMENTY OŁTASZYN (KUSTRONIA) 158 ---
3 KOMEDY (BUFOROWA) 228 226
4 ZIELNA 160 147
5 CENTRUM (NEW) --- 171
TOTAL
WROCLAW
742 544
24. 24
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.
For further information please contact:
Magdalena Cumanis
tel. +48 22 351 68 49
e-mail: magdalena.cumanis@domd.pl
www.inwestor.domd.pl