Genova Property Group Ab · OMXSTO:GPG
Genova Property Group Ab — Q4 2021 Earnings Presentation
17 slides from Genova Property Group Ab's earnings presentation
Slide 1: Company Presentation Q4 2021
Q4 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 Q4 – 2021 16% 54% 30% 14% 27% 59%
Slide 5: Genova – the personal property company
Genova – the personal property company Genova’s cornerstones Long- term owner
Slide 6: Sustainable value creation
Genova’s business model Property Sustainable development management • • Property acquisitions Knivsta Vrå 1:392 • Fuxen 3 • Property management Sustainable • Luthagen 13:2 value creation • • • Property Building rights • development • development Construction • Drevern 1, 2 & Dvärgspetsen 1 Hunnerup
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 31% 60% Q4 2021 Q4 2021 Equity/assets ratio Loan-to-value ratio Interest coverage ratio >35% <65% >2.0x Target Target Target 38% 62% 2.2x Q4 2021 Q4 2021 Q4 2021 Soliditet >70% 1,5
Slide 9: Operational update
Operational update As of Q4 – 2021 • • • • • • • • • • • • • • •
Slide 10: Focus 2022
Focus 2022 Korsängen, Enköping Söderhällby 1:9, Uppsala Segerdal, Knivsta Handelsmannen, Norrtälje Runö 7:374 & 7:86, Österåker • • • • •
Slide 11: Financial development
Financial development As of Q4 – 2021
Slide 12: Financial development
Financial development As of Q4 – 2021 4000 100% 3500 90% 3000 80% 70% 2500 60% 2000 50% 1500 40% 1000 30% 500 20% 0 10%
Slide 13: Financial development
Financial development As of Q4 – 2021 Interest-bearing debt Average interest rate2) (3m STIBOR floating) 1,778 873 381 495
Slide 14: Appendix
APPENDIX
Slide 15: The portfolio
The portfolio As of Q4 - 2021 Property value Rental value1 Other Other 16% 18% Greater Greater Stockholm Stockholm 54% Uppsala 53% Uppsala 29% 30% Property value: SEK 6,903m Rental value: SEK 391m • • •
Slide 16: Project development
Project development As of Q4 - 2021
Slide 17: Project development
Project development As of Q4 - 2021 Definitions • CoA = Co-operative apartments • R = Rental apartments • H = Hotel • CSP = Community service properties • C = Commercial
Genova Property Group — Q4 2021 Earnings Presentation on 6ix