Barcino Property Socimi Sa · BME:YBAR
Barcino Property Socimi Sa — Q2 2023 Earnings Presentation
14 slides from Barcino Property Socimi Sa's earnings presentation, Aug 3, 2023
Slide 1: Otra información relevante (BME Growth notice)
Barcelona, 3 de agosto de 2023 Barcino Property SOCIMI, S.A. (en adelante “Barcino”, la “Sociedad” o la “Compañía”), en virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 227 de la Ley 6/2023, de 17 de marzo, de los Mercados de Valores y d
Slide 2: Q2 2023 Results Presentation
BARCINO PROPERTY SOCIMI, S.A. Q2 2023 Results Presentation AUGUST 2023
Slide 3: Disclaimer
2 - BARCINO PROPERTY SOCIMI, S.A. DISCLAIMER This presentation (the “Presentation”) has been prepared by Barcino Property SOCIMI, S.A. (“Barcino”) and Market and competitive position data in the Presentation has generally been obtained from industry Vistalegre Property Management, S.L., –the Barcino
Slide 4: Table of Contents
3 - BARCINO PROPERTY SOCIMI, S.A. TABLE OF CONTENTS 01/ Business Review 06/ Appendix 02/ Q2 2023 results Q2 2023 KPIs 03/ 04/ Remaining capex 05/ Outlook
Slide 5: 01/ Business Review
4 - BARCINO PROPERTY SOCIMI, S.A. 01/ BUSINESS REVIEW Operating results in line with expectations - Q2 2023 Gross Operating Income €640k, up +28% YoY - Q2 2023 Adjusted Net Operating Income (*) €374k, up +41% YoY - Q2 2023 EBITDA (*) €326k - Price increases driving performance Capex - Q2 2023 Capex
Slide 6: 02/ Q2 2023 Results
5 - BARCINO PROPERTY SOCIMI, S.A. 02/ Q2 2023 RESULTS Barcino Property In EUROS Q2 2023 Q2 2022 Var 23/22 P&L % Gross operating income: General and administrative costs ⎽ Increase in sales of €139k, +28% YoY ⎽ Legal costs down €13k ⎽ BA sales up €52k compared to Q2 2022, Rental Income 639,729 501,09
Slide 7: 03/ Q2 2023 KPIs
6 - BARCINO PROPERTY SOCIMI, S.A. 03/ Q2 2023 KPIs
Slide 8: 04/ Remaining Capex
7 - BARCINO PROPERTY SOCIMI, S.A. 04/ REMAINING CAPEX Q2 2023 capex of €1.1m, in line with espectations. Two buildings have been completed, remaining capex for these buildings of c.€0.4m At this stage one more building with c.€0.7 capex remains to be completed There are still life leases and long-te
Slide 9: 05/ Outlook
8 - BARCINO PROPERTY SOCIMI, S.A. 05/ OUTLOOK Rental market showing some moderation in growth given more demanding year on year comparables Two buildings coming on line in H2 2023 will support performance 2023 Guidance maintained: - 2023 Gross Operating Income expected to be between €2.4-2.6m - 2023
Slide 10: 06/ Appendix
BARCINO PROPERTY SOCIMI, S.A. 06/ APPENDIX
Slide 11: Geographical Footprint (1/2)
10 - BARCINO PROPERTY SOCIMI, S.A. GEOGRAPHICAL FOOTPRINT (1/2) 4 BERGA The Barcino porfolio is mostly located in central Barcelona 8 GIRONA 2 13 assets 1 asset BUENOS AIRES JOAQUÍN COSTA 5 are located in central is located next to Barcelona in 12 SEPÚLVEDA Barcelona L’Hospitalet de Llobregat LLUNA
Slide 12: Geographical Footprint (2/2)
11 - BARCINO PROPERTY SOCIMI, S.A. GEOGRAPHICAL FOOTPRINT (2/2) 1 2 3 4 5 6 7 C. Vistalegre C. Buenos Aires P. Montjuïc C. Berga C. Sepúlveda C. P. Cabanyes C. Sant Bertran Barcelona L’Hospitalet de Llobregat Barcelona Barcelona Barcelona Barcelona Barcelona Ciutat Vella district Sants-Montjuïc dist
Slide 13: Contacts
12 - BARCINO PROPERTY SOCIMI, S.A. CONTACTS Josep Turró President of the Advisory Committee | Barcelona jturro@vistalegrepm.com Laura Turró COO | Barcelona lturro@vistalegrepm.com Olga Sevillano CFO | Barcelona osevillano@vistalegrepm.com
Slide 14: Q2 2023 Results Presentation
BARCINO PROPERTY SOCIMI, S.A. Q2 2023 Results Presentation AUGUST 2023
Barcino Property SOCIMI — Q2 2023 Earnings Presentation on 6ix