- 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%.
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.
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.
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.
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. 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.
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.
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.
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.
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.
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. 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.
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.
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 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. 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. 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.
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.
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.
- 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. 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.
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.
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 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.
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w III kwartale 2022 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w I półroczu 2022 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
More Related Content
Similar to Dom Development Group Q1 2022 Results Presentation
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 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. 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. 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.
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.
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.
- 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. 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.
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.
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 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.
Similar to Dom Development Group Q1 2022 Results Presentation (20)
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w III kwartale 2022 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w I półroczu 2022 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w I kwartale 2022 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
Prezentacja wyników finansowych i operacyjnych Grupy Kapitałowej Dom Development S.A. w 2021 roku.
Dom Development S.A. to największy deweloper mieszkaniowy w Polsce funkcjonujący na rynku od 1996 roku. Grupa Kapitałowa Dom Development S.A. prowadzi działalność na terenie Warszawy, Krakowa, Trójmiasta i Wrocławia.
Akcje Dom Development S.A. notowane są na warszawskiej Giełdzie Papierów Wartościowych od października 2006 roku.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4
World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4World economy charts case study presented by a Big 4study presented by a Big 4
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
UnityNet World Environment Day Abraham Project 2024 Press Release
Dom Development Group Q1 2022 Results Presentation
1. PRESENTATION OF Q1 2022 RESULTS
23 MAY 2022
DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
2. 2
Q1 2022 AT DOM DEVELOPMENT GROUP
• Launch of Dom Development Cracow and finalisation of acquisitions of Sento Group and companies from
BUMA Group
• 758 units sold with high margins
• Launch of 9 phases (1 137 units)
• PLN 535m cash as at 31 March 2022 and negative gearing
• Record high dividend recommendation from 2021 profit: PLN 10.50 per share, PLN 268m in total
4. 4
MARKET
• Russian invasion of Ukraine – market slowdown in the first phase of the war, visible rebound since the
second half of March
• Surging inflation and interest rates – reduced mortgage availability, but negative real interest on deposits
still encourages the investment of savings in real estate
• Record-high proportion of cash purchaseres – 58% of Group sales, supported strong rental market
• Low market supply balances market and prices – growing trend in sales prices continues at lower pace
• Strong cost increases, especially in construction materials, mitigated by the Group thanks to its in-house
general contractors
5. 5
1 084 1 032
856
1 094
758
Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022
SALES
No. of units
DROP IN VOLUME DUE TO WAR IN UKRAINE AND LIMITED MORTGAGE AFFORDABILITY
Net sales (units)
Q1
2022
Q1
2021
Change
YoY
Warsaw 385 600 (36)%
Tri-City 236 342 (31)%
Wroclaw 84 142 (41)%
Cracow* 53 - n/a
Dom Development
Group
758 1 084 (30)%
* Dom Development Group entered Cracow in July 2021
6. 6
Average transaction
value (PLN k)
Q1
2022
Q1
2021
Change
YoY
Warsaw 709 722 (2)%
Tri-City 641 497 +29%
Wroclaw 522 447 +17%
Cracow* 571 - n/a
Dom Development
Group
659 612 +18%
Q1 2022 SALES SEGMENTATION
WE ARE THE LEADER IN UPPER SEGMENT FLATS
Unit sale value includes price of flat with fit-out (if purchased), storage room (if purchased) and parking space (if purchased).
14%
14%
22%
17%
33%
up to PLN 400k
PLN 500-400k
PLN 600-500k
PLN 700-600k
over PLN 700k
Dom Development Group
Q1 2022 sales value segmentation
* Dom Development Group entered Cracow in July 2021
7. 7
UNITS AVAILABLE FOR SALE - UNDER CONSTRUCTION AND FINISHED
2 375
1 771 1 816
2 480 2 381
31/03/2021 30/06/2021 30/09/2021 31/12/2021 31/03/2022
No. of units available for sale
WE ARE CAREFULLY MANAGING THE LEVEL AND STRUCTURE OF OUR OFFER
Group offer
by location
31.03.
2022
31.03.
2021
Change
YoY
Warsaw 1 020 959 6%
Tri-City 894 859 4%
Wroclaw 373 557 (33)%
Cracow 94 - n/a
Dom Development
Group
2 381 2 375 -
* Dom Development Group entered Cracow in July 2021
8. 8
LAUNCHES IN Q1 2022
187 flats in the Włochy
district of Warsaw
108 units in the Ursynów
district of Warsaw
320 flats two new phases in
the Bemowo district of Warsaw
204 units
in downtown Gdańsk
82 flats
in Pogórze near Gdynia
90 flats in Cracow
146 units in Wroclaw
9. 9
UNITS UNDER CONSTRUCTION
5 579 5 804
6 593
5 930
6 977
31/03/2021 30/06/2021 30/09/2021 31/12/2021 31/03/2022
No. of units
RECORD NUMBER OF UNITS UNDER CONSTRUCTION,
ALL SITES PROGRESSING ON TIME AND WITH HIGH MARGINS
Units under
construction
31.03.
2022
31.03.
2021
Change
YoY
Warsaw 3 199 2 699 +19%
Tri-City 2 345 2 163 +8%
Wroclaw 1 019 717 +42%
Cracow 414 - n/a
Dom Development
Group
6 977 5 579 +25%
* Dom Development Group entered Cracow in July 2021
10. 10
Land Bank Owned Controlled Total
Change
YoY
Warsaw 5 091 4 756 9 847 +16%
Tri-City 3 668 1 269 4 937 (8)%
Wroclaw 895 1 009 1 904 +8%
Cracow 1 931 - 1 931 n/a
Dom Development
Group
11 585 7 034 18 619 +19%
LAND BANK – OWNED AND CONTROLLED
OPTIMAL STRUCTURE AND HIGH QUALITY OF LAND BANK; STRONG GROWTH IN CRACOW
No. of units to be developed
7 144 7 509 8 345
9 946
11 585
8 448
9 538 8 430
7 039
7 034
15 592
17 047 16 775 16 985
18 619
31/03/2021 30/06/2021 30/09/2021 31/12/2021 31/03/2022
Plots owned Plots controlled
11. 11
DELIVERIES
STRONG Q1 DELIVERIES WILL HELP US MEET ANNUAL TARGETS
1 366
556 599
811
1 094
Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022
No. of units
Deliveries in units
Q1
2022
Q1
2021
Change
YoY
Warsaw 829 906 (8)%
Tri-City 179 150 +19%
Wroclaw 1 310 -
Cracow* 85 - n/a
Dom Development
Group
1 094 1 366 (20)%
* Dom Development Group entered Cracow in July 2021
12. 12
0
500
1 000
1 500
2 000
2 500
3 000
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 J A S O N D J F M
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CUMULATIVE NET SALES TO BE RECOGNIZED IN P&L
(UNITS SOLD BUT NOT DELIVERED - PRESALES)
PLN m
Units sold but not delivered (presales): Value
31.03.2021 3 829 units PLN 2 024m
31.03.2022 4 793 units, including: PLN 2 835m
• 339 finished units;
• 4 454 units under construction,
with 2 545 completing in 2022
CONTINUING UPWARD TREND OF REVENUE POTENTIAL
13. 13
PROFIT AND LOSS ACCOUNT
HIGH MARGIN AND AVERAGE VALUE PER UNIT DELIVERED,
QUARTERLY PROFIT SPLIT SKEWED BY RECORD DELIVERIES IN Q1 2021
Profit and Loss Account Q1 2022 Q1 2021
Change
YoY
Sales Revenues 727.0 807.9 (10)%
Handovers (units) 1 094 1 366 (20)%
Revenue per unit (PLN’000) 665 591 +12%
Gross Profit on Sales 233.8 262.9 (11)%
Gross Profit Margin 32.2% 32.5% (0.3) p.p.
Operating Profit 173.9 215.9 (19)%
Operating Profit Margin 23.9% 26.7% (2.8) p.p.
Profit Before Tax 178.0 216.1 (18)%
Profit Before Tax Margin 24.5% 26.7% (2.2) p.p.
Net Profit 141.8 174.5 (19)%
Net Profit Margin 19.5% 21.6% (2.1) p.p.
EPS (PLN) 5.78 6.90 (19)%
IAS 15, PLN m
14. 14
BALANCE SHEET
STRONG BALANCE SHEET SUPPORTS GROUP DEVELOPMENT AND GROWTH
PLN m
ASSETS 31.03.2022 31.03.2021 Change
Current Assets 3 897 3 073 +27%
Cash 535 647 (17)%
Incl. escrow accounts 87 45 +91%
Inventory, including: 3 188 2 277 +40%
Land and phases under construction 2 819 1 661 +70%
Finished units, parking places and storage cells 143 235 (39)%
Fixed Assets 112 75 +51%
TOTAL ASSETS 4 009 3 148 +27%
EQUITY AND LIABILITIES 31.03.2022 31.03.2021 Change
Equity 1 407 1 342 +5%
Total Liabilities 2 602 1 806 +44%
Long-term liabilities 536 458 +17%
Incl. Interest-bearing debt (bonds and loans) 326 260 +25%
Short-term liabilities, including: 2 066 1 348 +53%
Deferred income 1 449 829 +75%
Interest-bearing debt (bonds and loans) 52 110 (53)%
TOTAL EQUITY AND LIABILITIES 4 009 3 148 +27%
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
3 400
3 600
3 800
4 000
ASSETS LIABILITIES
PLN m
15. 15
DEBT MATURITY STRUCTURE
ALMOST PLN 1 BILLION OF AVAILABLE FINANCING
AND WELL-SPREAD DEBT MATURITY SUPPORT OUR AGILITY
PLN 535m
CASH
PLN 422m
UNDRAWN CREDIT LINES
51
50 50
100
110
17
2022 2023 2024 2025 2026
Bonds Bank Loans
PLN m
As of 31.03.2022
16. 16
DIVIDENDS
PLN 10.50 PER SHARE – RECOMMENDATION OF RECORD HIGH PAYMENT FROM 2021 PROFIT
*Management Board’s recommendation
Dividend yield (right scale) calculated on closing price on last day of trading cum dividend
0,15
2,04
0,80 0,80 0,90
1,50
3,68
2,20 2,25
3,25
5,05
7,60
9,05
9,50
10,00
10,50*
0,1%
3,3%
2,5%
1,5%
1,9%
4,9%
8,5%
4,4% 4,5%
6,3% 6,4%
8,9%
10,5%
8,3%
6,6%
0%
2%
4%
6%
8%
10%
12%
0,00
1,00
2,00
3,00
4,00
5,00
6,00
7,00
8,00
9,00
10,00
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Dividend yield
Dividend per share (PLN)
17. 17
SUMMARY: Q1 2022
• Significant growth potential in Cracow unlocked by our acquisition of the BUMA Group
companies
• Mortgage-dependent demand constrained by rising interest rates and increased market
volatility triggered by Russian aggression in Ukraine
• Record 6 977 units under construction as at the end of March
• Deliveries of 1 094 units with average value of PLN 665k
• 32% gross margin and PLN 142m net profit
• PLN 535m cash and negative gearing of -11%
19. 19
COMMENCEMENT OF HANDOVERS IN Q2-Q4 2022
PROJECT / PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
PROJECT / PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
Q2
OSIEDLE PERSPEKTYWA PHASE 1/3 TRI-CITY 70 APR'22
Q3
APARTAMENTY SŁUŻEWIEC WARSAW 37 JUL'22
OSIEDLE BEAUFORTA BUILDING 10 TRI-CITY 32 APR'22 ZIELONY POŁUDNIK BUILD. 16, 17, 22, 23 TRI-CITY 90 AUG'22
OSIEDLE PRZY BŁONIACH BUILDING 1 TRI-CITY 65 APR'22 WILNO IV PHASE 3 WARSAW 154 SEP'22
OSIEDLE KOMEDY PHASE 2 WROCLAW 101 APR'22 ZIELONY POŁUDNIK BUILDING 15 TRI-CITY 48 SEP'22
WILNO V PHASE 2 WARSAW 213 MAY'22
Q4
METRO ZACHÓD PHASE 3/1 WARSAW 145 OCT'22
OSIEDLE BEAUFORTA BUILDINGS 21, 22 TRI-CITY 70 MAY'22 REZYDENCJA STANISŁAWA AUGUSTA WARSAW 125 OCT'22
NASZE MIEJSCE BUILDING A TRI-CITY 46 MAY'22 OSIEDLE PRZY BŁONIACH BUILDING B2 TRI-CITY 45 OCT'22
STACJA GROCHÓW PHASE 2 WARSAW 106 JUN'22 APARTAMENTY OŁTASZYN WROCLAW 158 OCT'22
STACJA GROCHÓW PHASE 4 WARSAW 159 JUN'22 DYNAMIKA BUILDINGS A AND B TRI-CITY 90 NOV'22
OSIEDLE BEAUFORTA BUILDINGS 23, 24 TRI-CITY 51 JUN'22 METRO ZACHÓD PHASE 3/2 WARSAW 153 DEC'22
ZIELONY POŁUDNIK BUILDING 14 TRI-CITY 50 JUN'22 WILNO IV PHASE 5 WARSAW 158 DEC'22
OSIEDLE ZIELNA PHASE 1 WROCLAW 160 JUN'22 DOKI BUILDING A TRI-CITY 93 DEC'22
MONTOWNIA TRI-CITY 116 DEC'22
PERSPEKTYWA PHASE 2 TRI-CITY 252 DEC'22
OSIEDLE KOMEDY PHASE 3 WROCLAW 127 DEC'22
SENTOTU PHASE 1/2 CRACOW 106 DEC'22
SENTOTU PHASE 1/3 CRACOW 84 DEC'22
PRZESTRZENIE BANACHA PHASE 2 (BUMA) CRACOW 134 DEC'22
20. 20
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 METRO ZACHÓD 816 2 078
2 LITERACKA --- 530
3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) --- 133
4 APARTAMENTY LUDWIKI 432 ---
5 URBINO 124 ---
6 APARTAMENTY SOLIPSKA 187 ---
7 DOM NA SŁUŻEWCU 108 ---
8 APARTAMENTY SŁUŻEWIEC 37 ---
9 OSIEDLE BOKSERSKA 71 234 ---
10 PORY --- 200
11 ANTONIEWSKA (NEW) --- 1 133
12 PALLADIUM (AKACJE) --- 566
13 OSIEDLE CERAMICZNA 346 ---
14 WILNO 525 233
15 REZYDENCJA STANISŁAWA AUGUSTA 125 ---
16 STACJA GROCHÓW 265 ---
17 WAWER --- 218
TOTAL WARSAW 3 199 5 091
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
1
2
3
14
15
16
17
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW
NO. OF UNITS, AS OF 31/03/2022
8
13
9
5
4
10
12
6
7
11
21. 21
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
16
1 2
3
5
6
7
13
14
15
4
8 9
10
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY
NO. OF UNITS, AS OF 31/03/2022
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 PERSPEKTYWA 456 102
2 DOKI + MONTOWNIA 654 546
3 DOLNE MIASTO --- 371
4 PIEKARNICZA --- 536
5 DYNAMIKA 196 138
6 NASZE MIEJSCE 46 ---
7 ZIELONY POŁUDNIK 325 ---
8 OSIEDLE BEAUFORTA 121 ---
9 OSIEDLE BEAUFORTA 2 186 228
10 KONSTELACJA 82 560
11 GÓRA MARKOWCA --- 178
12 LOCUS 2 --- 135
13 OSIEDLE PRZY BŁONIACH 220 ---
14 RUMIA ZA BŁONIAMI --- 523
15 WIDOKI --- 175
16 WYDMA 59 ---
17 LEMA --- 176
TOTAL TRI-CITY 2 345 3 668
12
17
11
22. 22
1
2
3
4
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 OSIEDLE CHOCIEBUSKA 11 196 ---
2 APARTAMENTY OŁTASZYN 158 ---
3 OSIEDLE KOMEDY 359 96
4 ZIELNA 306 ---
5 CENTRUM --- 154
6 OSOBOWICE --- 88
7 NOWY DWÓR --- 36
8 MIĘDZYLESKA --- 345
9 STODOLNA (NEW) --- 176
TOTAL WROCLAW 1 019 895
5
6
6
6
7
8
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
9
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW
NO. OF UNITS, AS OF 31/03/2022
23. 23
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 SENTOTU 190 ---
2 GÓRKA NARODOWA (+969) 134 1 396
3 PRANDOTY --- 502
4 MALBORSKA 90 33
TOTAL CRACOW 414 1 931
1
4
3
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: CRACOW
NO. OF UNITS, AS OF 31/03/2022
2
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
Investor Relations Director
tel. +48 22 351 68 49
e-mail: magdalena.cumanis@domd.pl
www.inwestor.domd.pl