Ascencio Sa · EURONEXT:ASCE
Ascencio Sa — Investor Presentation (February 2025)
18 slides from Ascencio Sa's investor presentation, Feb 12, 2025
Slide 1: Aan tafel met Ascencio
Aan tafel met Ascencio 12 februari 2025
Slide 2: Introduction: who we are, our team, our strategy
Introduction : who we are, our team, our strategy Connected Ambition Positive Mind With our customers, our employees, our To grow, while respecting Because our projects and adventures are always more partners, our markets. market cycles. attractive thanks to the positive energy brought to them by ou
Slide 3: The team
The team
Slide 4: The Management Team
The Management Team Vincent Philippe Cédric H. Querton Scheirlinckx Biquet Chief Executive Officer Asset Management Chief Financial Officer & Investment Director Stéphanie Bernard Vanden Broecke Sergeant Secretary General Director Operations & General Counsel & ESG
Slide 5: Geographic distribution & by property type
Geographic distribution & by property type Listed Investing in supermarkets & Present in Belgium, REIT retail parks France & Spain Geographic distribution Type of properties Others 4% 5.5% Clusters 18.7% 41% 55% Stand Alone (Food) 36.4% Retail Parks 39.4% Belgium France Spain Stand Alone (Food) Reta
Slide 6: Key Performance Indicators
Key Performance Indicators 440,000 m2 102 Size of the portfolio Number of properties €750 million €54 million 97.8% Fair value of the Annual rental Occupancy portfolio income rate €123/m² 6.99% 2.8 years 7.2 years Average rent Portfolio yield WALB WALT
Slide 7: Retail sector & tenant distribution
Retail sector & tenant distribution Sectors Tenants Other 11.3% Horeca 2.4% Food 40.3% Intermarché 18.1% Pet shop 3.3% Shoe 3.3% Electro / Multimedia 6.7% Grand Frais 8.6% Other 49.6% Sport 6.7% Brico 7.4% Fashion 8.0% Carrefour 5.7% Decathlon 2.8% Do It Yourself Hubo 2.0% Furniture Auchan 1.9% 10.8
Slide 8: Financial structure
Shareholding structure Financial structure 5% Patronale Life 10% Carl, Eric, John Mestdagh and controlled companies Key figures (as of 30.09.2024) Total equity Total balance sheet €442.9 million 85% €780.4 million Free float Total financial debt Debt ratio 42.1% €311.7 million Outstanding de
Slide 9: Hedging strategy
Hedging strategy Hedge structure (as of 30.09.2024) (€ million) 100% 300 90% Cost of debt evolution 250 80% 70% 5% 200 60% 4% 50% 150 40% 3% Range targeted hedge ratio 100 30% Forecasted financial Lfl debt 20% 2% 50 Hedge structure in place 10% 1% 0 0% 09-2024 03-2025 09-2025 03-2026 09-2026 03-2027
Slide 10: Slide 10
Slide 11: Ascencio: Strong Compliance, Stronger Future
Ascencio: Strong Compliance, Stronger Future Governance & compliance Legal support for real Lease management estate transactions “Legal structures and compliance ensure strong governance, secure real estate operations, and efficient lease management”
Slide 12: Some key ESG projects
BS Some key ESG projects Photovoltaïc Pannels Belgium - Enbro Charging stations France Charging stations Belgium - Powerdot - Allego
Slide 13: Bellefleur project
Bellefleur project (Couillet – Belgium) Before After
Slide 14: De Fré project
De Fré project (Uccle – Belgium) Before After
Slide 15: We are connected
We are connected Asset Management Marketing & Communication Property Management Tenants Building Markets Customer Operations services & ESG Accounting & Finance
Slide 16: Share price & dividend policy
Share price & dividend policy Stock market price: €44,5 Dividend evolution €/share +3.6% 4.50 4.30 4.15 3.95 4.00 3.70 3.65 3.50 3.50 3.40 3.30 3.20 3.05 3.00 Shareholder net return : 3.00 Pay out ratio 2023/2024 : 79.1% 2.50 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
Slide 17: Q&A
Q&A
Slide 18: Ascencio SA
Avenue Jean Mermoz, 1/4 info@ascencio.be Ascencio SA 6041 Gosselies +32 (0) 71 91 95 23 www.ascencio.be