Aedas Homes Sa · BME:AEDAS
Aedas Homes Sa — Investor Presentation (October 2020)
12 slides from Aedas Homes Sa's investor presentation, Oct 22, 2020
Slide 1: Meeting with sell-side analysts
Meeting with sell-side analysts 22 October 2020
Slide 2: Disclaimer
Disclaimer By attending this presentation and/or by accepting this presentation you will be taken to have represented, warranted and undertaken that you have read and agree to comply with the contents of this disclaimer. This presentation (the “Presentation”) has been prepared by AEDAS Homes, S.A. (
Slide 3: Sales Activity
Sales Activity As of 30 September 2020 2020 sales 2020-21 sales October net sales forecast1 100 units Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 (provisional) (1) October sales figures are estimates, for guidance purposes only and subject to change. Thi
Slide 4: YoY Sales Comparison: April-September
YoY Sales Comparison: April-September1 Stronger-than-expected sales activity in Q2 points to tentative recovery taking hold 10% more sales in July-September 2020 2019 net sales vs same period in 2019 2020-21 net sales Apr Apr May May Jun Jun Jul Jul Aug Aug Sep Sep 2019 2020 2019 2020 2019 2020 2019
Slide 5: Are new sales explained by pent-up demand?
Are new sales explained by pent-up demand? June sales linked to release of pent-up demand, with normalizing trend starting in July 9,000 8,000 7,000 Monthly qualified leads (Pre-Covid average) 6,000 5,000 4,000 3,000 2,000 enero febrero marzo abril mayo junio julio agosto septiembre Source: Company
Slide 6: AEDAS footprint strategy confirmed by population growth forecasts
AEDAS footprint strategy confirmed by population growth forecasts INE projects Madrid Region and Catalonia will add over 1 million people by 2035 Projected absolute population change 2020-2035, by Autonomous Community INE projections show 614,049 Madrid that on average Catalonia 414,061 28,000 new C
Slide 7: Operations Update
Operations Update As of 30 September 2020 Launches Sales Construction Deliveries 7
Slide 8: Sales Coverage for 2020/21 to 2022/23 Deliveries
Sales Coverage for 2020/21 to 2022/23 Deliveries As of 30 September 2020 Delivery Sales Private Delivered Reserved Value year coverage contract 2020/21 95% 9% 82% 4% 2021/22 56% - 49% 8% 2022/23 11% - 2% 9% €1.15bn Includes 16 contract cancellations since 1st April 2020 Source: Company data 8
Slide 9: In 2019, Spain had less than 2 completed units per person
In 2019, Spain had less than 2 completed units per person 71,600 housing completions in 2019; 1.52 units per person Completed units (2019) Number of completed units per 1,000 people Total number of completed units (in thousands) Source: Deloitte Property Index, 9th edition, July 2020 9
Slide 10: Business Plan delivery targets vs Market consensus
Business Plan delivery targets vs Market consensus Housing units DELIVERIES 3,000 26% 2,500 16% gap gap 2,000 24% gap 1,500 1,000 500 0 2020-21 2021-22 2022-23 Business Plan Consensus average Consensus median Source: Company data 10
Slide 11: Thank you
Residencial Carreres 10 Valencia Thank you
Slide 12: AEDAS Homes
AEDAS HOMES