Abitare In Spa · MIL:ABT
Abitare In Spa — FY2022 Earnings Presentation
8 slides from Abitare In Spa's earnings presentation, Dec 15, 2022
Slide 1: Full Year Results as at 30 September 2022
ABITAREIN FULL YEAR RESULTS AS AT 30 SEPTEMBER 2022
Slide 2: Projects under development in Milan: our pipeline
PROJECTS UNDER DEVELOPMENT IN MILAN: OUR PIPELINE 2
Slide 3: The pipeline size
THE PIPELINE SIZE Ahead of the market and in absence of competitors, competitors accelerated by distressed assets and NPLs, in just 7 years we have implemented the best and largest pipeline of projects in Milan, Milan at a price way below the target for current values. Today, we are in the position
Slide 4: Next deliveries
NEXT DELIVERIES Completion of the Milan City Village (First Building) and Naviglio Palace projects and start of deliveries. Over 430 flats will be handed over in the coming months* MILANO CITY VILLAGE 223 Apartments* ON DELIVERY PA L A Z Z O N AV I G L I O 74 Apartments* ON DELIVERY TRILOGY TOWERS 1
Slide 5: The residential property market in Milan
THE RESIDENTIAL PROPERTY MARKET IN MILAN During the year, the residential market continued to attract a lot of interest, finding in the potential inflationary trend a further driving factor HOUSES: tangible asset whose value is destined to grow HIGH DIFFERENTIAL WITH INTEREST RATE, still very low IN
Slide 6: Consolidated revenues
CONSOLIDATED REVENUES CONSOLIDATED REVENUES € 79. 79.7 MLN: MLN: CHANGE IN INVENTORY FOR PROGRESS OF WORKS, net FY 2022 FY 2021 of discharge due to the handover (consequent upon the notarial deed of purchase) of the apartments to customers € 122.2 MLN € 124.8 MLN € 16. 16.9 MLN: MLN CHANGE IN IN
Slide 7: Consolidated EBT
CONSOLIDATED EBT CONSOLIDATED EBT CONDITIONED, IN DECREASE, BY: BY FY 2022 FY 2021 - € 5.6 MLN OF THE DOWNWARD ADJUSTMENT, ADJUSTMENT whose effect have already € 11.2 MLN € 16.9 MLN been fully implemented with the approval of the results of IQ 2022, DUE TO THE INCREASE IN COSTRUCTION COSTS on the co
Slide 8: Group financial debt
GROUP FINANCIAL DEBT GROUP FINANCIAL DEBT Financial Debt 30.09.2022 30.09.2022 30.09.2021 Change FY2022 FY2021 amounts in Euro A. Cash and cash equivalents 32,365,487 13,778,285 18,857,202 B. Means equivalent to cash and cash equivalents - - - € 116.2 MLN € 75.1 MLN C. Other current financial assets