Warimpex Finanz- und Beteiligungs AG · VIE:WXF
Warimpex Finanz- und Beteiligungs — Q1 2023 Earnings Presentation
32 slides from Warimpex Finanz- und Beteiligungs's earnings presentation, May 30, 2023
Slide 1: 30 May 2023 – Q1 2023
Lead pic. 30 May 2023 – Q1 2023 !
Slide 2: Operational Highlights 2023
Operational Highlights 2023 • Topping out at the Mogilska 35 Office building in Krakow (Q1 2023) 2
Slide 3: Key figures 1-3 2023
Key figures 1-3 2023 (22) 1. Revenues: +52 % to EUR 12.9 mn - Revenues Investment Properties +54 % - Revenues Hotels +109 % 2. EBITDA: EUR 5.6 mn (EUR 2.9 mn) 3. Profit/Loss for the period: EUR 1.4 mn (EUR -4.4 mn) 3
Slide 4: Assets
warimpex
Slide 5: Current office portfolio at a glance as of 31.12.22
Current office portfolio at a glance as of 31.12.22 Count Occ. rate Offices City Area* Stake (approx.) Tenant ry Harmann / Ogrodowa office Łódź PL 28,400 m² 100 % 87 % several Air Liquide / Mogilska 43 Krakow PL 12,900 m² 100 % 100 % Lurgi / Rödl Mogilska 41 Krakow PL 5,100 m² 100 % 100 % City of Kr
Slide 6: Current hotel portfolio at a glance
Current hotel portfolio at a glance as of 31.12.2022 Hotels City Country Rooms Stake greet hotel Darmstadt ***S Darmstadt GER 330 100 % Airportcity Plaza**** St. Petersburg RU 294 100 % 50 % InterContinental***** Warsaw PL 404 operating lease Palais Hansen Kempinski Vienna AT 152 9.88 % Wien***** 6
Slide 7: Real estate held by sector
Real estate held by sector* Development Hotels EUR 51.9 m EUR 41.9 m Offices EUR 335,4 m * EUR 429.3 mn Gross Asset Value as of 31.12.2022 7
Slide 8: Real estate assets by country
Real estate assets by country* D: 9 % RU: 49 % PL: 37 % HU: 6 % * as of 31.12.2022 8
Slide 9: Developments
Developments warimpex
Slide 10: Overview ongoing developments
Overview ongoing developments Exp. Total area Beneficial Project Status opening (approx.) ownership Krakow under summer 11,900 m² 100 % Mogilska 35 construction 2023 Krakow building permit - 20,600 m² 100 % Chopin Office Krakow planning - 9,100 m² 100 % Mogilska Phase IV Białystok buidling permit -
Slide 11: Krakow Mogilska 35
Krakow Mogilska 35 - Office building in the commercial district - Total of approx. 11,900 m² lettable office space - Underground parking lot - Expected opening in 2023 / under construction 11
Slide 12: Białystok Offices MC55
Białystok Offices MC55 - Development plot for office buildings - Planned opening for phase 1 (10,000m2 ) 2024, construction permit 12 in place
Slide 13: Krakow Chopin Office
Krakow Chopin Office High res. pic. - Office building next to Chopin hotel Krakow - Premium location in the city - Total of approx. 21,000 m² lettable office space - Underground parking lot - Building permit in place 13
Slide 14: Darmstadt Office
Darmstadt Office - Close to the central railway station & the universities - 15 min to Frankfurt Airport - Up to 11,400m2 leasable space - planning phase 14
Slide 15: Key to future success
Key to future success warim Dex
Slide 16: Key objectives for 2023
Key objectives for 2023 1. 2. new developments sustainable buildings • get building permits • BREEAM in use Darmstadt Excellent or higher • flexible office • LEED Gold or higher 16 16
Slide 17: Flex Office
Flex Office • Flexible Office in Krakow und Łódź 17
Slide 18: Green buildings
Green buildings Green Offices City Country Area Stake Certificate St. Zeppelin Petersburg RU 15,500 m² 100 % LEED Gold St. Avior RU 18,600 m² 100 % LEED Gold Petersburg BREEAM Mogilska 43 Krakow PL 12,900 m² 100 % Excellent BREEAM Ogrodowa office Lodz PL 28,400 m² 100 % Excellent 75,400 m² Under con
Slide 19: Thank you!
Lead pic. Thank you! !
Slide 20: Appendix
Appendix !
Slide 21: Company history
Company history - Foundation of Warimpex Export-, 1959 Import- Transithandelswarengesellschaft m.b.H. 2009-2014 - Hotel andel’s, Łódź 1980 - Warimpex enters real estate market - Hotel angelo, Katowice - Hotel andel`s, Berlin - Novotel, Budapest – first Warimpex hotel 1982 - 1988 - Penta Hotel, Budap
Slide 22: Income statement – Q1 2023
Income statement – Q1 2023 EUR (in thousands) 1-3 2023 1-3 2022 +/- Revenues from Investment Properties 10,018 6,522 54 % Revenues from Hotels 2,424 1,162 109 % Revenues from Development & Services 504 839 -40 % Total revenues 12,946 8,523 52 % Expenses directly attributable to the revenues -4,241 -
Slide 23: Balance Sheet – 31 March 2023
Balance Sheet – 31- March 2023 EUR (in thousand) 31/3/2023 31/3/2022 +/- Non-Current Assets 417,316 356,301 17 % Current Assets 19,713 14,831 33 % Total Assets 437,029 371,132 18% Equity attributable to shareholders of the parent 160,774 112,256 43 % Non-controlling interests 150 114 32 % Equity 160
Slide 24: Cash flow statement – Q1 2023
Cash flow statement – Q1 2023 EUR (in thousand) 1-3 2023 1-3 2022 +/- Cash receipts 18,154 9,002 102 % Cash payments -7,951 -6,791 17 % Cash flow from operating activities 10,202 2,210 - Cash flow for investing activities -3,167 -3,331 -5 % Cash flow for/from financing activities -6.663 400 - Cash a
Slide 25: Income statement – FY 2022
Income statement – FY 2022 EUR (in thousands) 1-12 2022 1-12 2021 +/- Revenues from Investment Properties 33,154 20,267 64 % Revenues from Hotels 9,273 4,836 92 % Revenues from Development & Services 2,709 1,618 67 % Total revenues 45,136 26,720 69 % Expenses directly attributable to the revenues -1
Slide 26: Balance Sheet – 31 Dec. 2022
Balance Sheet – 31- Dec. 2022 EUR (in thousand) 31/12/2022 31/12/2021 +/- Non-Current Assets 434,081 371,114 17 % Current Assets 20,986 17,004 23 % Total Assets 455,068 388,118 17 % Equity attributable to shareholders of the parent 170,164 124,612 37 % Non-controlling interests 125 105 19 % Equity 1
Slide 27: Cash flow statement – FY 2022
Cash flow statement – FY 2022 EUR (in thousand) 1-12 2022 1-12 2021 +/- Cash receipts 49,897 27,629 81 % Cash payments -38,544 -22,652 70 % Cash flow from operating activities 11,353 4,977 128 % Cash flow from investing activities -3,111 -17,584 -82 % Cash flow from financing activities -4,520 14,52
Slide 28: Long-term and flexible corporate strategy
Long-term and flexible corporate strategy 28
Slide 29: Warimpex on the stock exchange
Warimpex on the stock exchange Key Exchange Data Shareholder structure Number of shares 54,000,000 Franz Jurkowitsch 14 % Vienna Stock ATX Prime, Exchange Immobilien-ATX Georg Folian Free Float 15 % Warsaw Stock Market Main 50 Plus, 44 % Exchange WIG SWIG80 Stock Exchanges WXF Amber Privatstiftung T
Slide 30: Management Board of Warimpex
Management Board of Warimpex Alexander Jurkowitsch Franz Jurkowitsch Daniel Folian Florian Petrowsky Member Chairman Deputy Chairman Member 30
Slide 31: Corporate calendar
Corporate calendar - 1 June 2023 Annual General Meeting - 30 August 2023 Publication of the results for the first half of 2023 - 29 November 2023 Publication of the results for the first three quarters of 2023 31 31
Slide 32: Contact details
Contact details Franz Jurkowitsch Chairman Tel.: +43 1 310 55 00 – 125 franz.jurkowitsch@warimpex.com Daniel Folian CFO, Investor Relations Tel.: +43 1 310 55 00 – 156 daniel.folian@warimpex.com Christoph Salzer Prokurist, Media Relations Tel.: +43 1 310 55 00 – 143 presse@warimpex.com 32 32
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