Ctp N V (CTPVF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And good morning and thanks for joining on this Q3 call. Talk about the results and the things we have been busy with over the past couple of months and maybe start with talking about CTP. A growth company, we enjoy growth, we like growth and we see growth opportunities to continue, develop, build. for our clients and secure new business. So growth comes from supply chain professionalization if you like. So we have seen obviously many events over the past decade and you could maybe conclude or say that this whole supply chain becomes more professional so companies adapt or adjust to different market circumstances or different events which we have seen over the past years and we benefit from that in different ways. It's one supply chain. Second is nearshoring. We continue to see manufacturing coming to Central Europe for the region, for Western European countries as well. But we also see growth in the markets of Central Europe, so the consumer spending. Maybe when I came here first in 1995, 30 years ago, Central Europe was about low-cost manufacturing. In the meantime, of course, with all the GDP growth which we have seen over the past decades, the local population, have money to spend and they do spend and obviously that results in demand for property warehouse for example e-commerce etc we see also growth coming from defense industry as well as talk about it but in the meantime we've also seen some some concrete demands in our german portfolio for instance there's multiple companies who are involved in the defense industry and they ask for more space that's good so we continue to see mostly from existing clients strong demand from a diverse tenant base, including retailers, pet food manufacturers, semiconductor business, but also demand from automotive related indus...