Genova Property Group Ab · OMXSTO:GPG
Genova Property Group Ab — Q1 2021 Earnings Presentation
17 slides from Genova Property Group Ab's earnings presentation, 2021
Slide 1: Company Presentation Q1 2021
Q1 2021 Company Presentation
Slide 2: Table of contents
GENOVA PROPERTY GROUP Table of contents Introduction Operational and financial update Appendix
Slide 3: Introduction
INTRODUCTION
Slide 4: Genova in short
Genova in short As of Q1 – 2021 4% 36% 60% 14% 24% 62%
Slide 5: Genova – the personal property company
Genova – the personal property company Genova’s cornerstones Long- term owner
Slide 6: Genova’s business model
Genova’s business model Property management Property Knivsta Vrå acquisition 1:392 Property management Value creation Gulmåran 7 Property development Luthagen 13:2 Hunnerup 1 Development of Construction building rights Handelsmannen1 Särsta 12:1 Drevern 1, 2 & Dvärgspetsen 1 Viby 19:3 6
Slide 7: Operational and financial update
OPERATIONAL AND FINANCIAL UPDATE
Slide 8: Financial and operational targets
Financial and operational targets Long-term net asset value1) Income from property management2) >20% >20% Target Target 10% 35% Q1 2021 Q1 2021 Equity/assets ratio Loan-to-value ratio Interest coverage ratio >35% <65% >2x Target Target Target 39.6% 51.5% 1.9x Q1 2021 Q1 2021 Q1 2021 Soliditet >70% 1
Slide 9: Operational update
Operational update As of Q1 – 2021 • • • • • • • • • • • • • • • • •
Slide 10: Focus 2021
Focus 2021 Ongoing construction Segerdal Handelsmannen Gustavsberg 1:316 Degeln 1, Brandsprutan 2 Korsängen Trädgårdsmästaren 14 Focus going forward • Ribby 1:451 • • Hunnerup 1 •
Slide 11: Financial development
Financial development As of Q1 – 2021
Slide 12: Financial development
Financial development As of Q1 – 2021 3500 100% 90% 3000 80% 2500 70% 2000 60% 1500 50% 40% 1000 30% 500 20% 0 10%
Slide 13: Financial development
Financial development As of Q1 – 2021 SEKm (%) 4,920 4,137 3,423 2,039 1,252 1,594 1,088 383 602 SEKm 1,724 581 96 338 225
Slide 14: Appendix
APPENDIX
Slide 15: The portfolio
The portfolio As of Q1 - 2021 Property value Rental value Other Other 4% 5% Uppsala Uppsala 37% 36% Greater Greater Stockholm Stockholm 60% 58% Property value: SEK 5,555m Rental value: SEK 332m • • •
Slide 16: Project development
Project development As of Q1 - 2021
Slide 17: Project development
Project development As of Q1 - 2021 Definitions • CoA = Co-operative apartments • R = Rental apartments • H = Hotel • CSP = Community service properties • C = Commercial
Genova Property Group — Q1 2021 Earnings Presentation on 6ix