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Develia S A : Investor's report DEVELIA Group 1H 2022
Develia S A : Investor's report DEVELIA Group 1H
About this update from Develia S.a.
PRESENTATION FOR INVESTORS September 2022 Develia Group - Summary H1 2022 Housing sector964 premises sold in H1 2022 vs 1062 in H1 2021 206 premises delivered in H1 2022 vs 758 in H1 2021 1 246 new premises on the offer in H1 2022 (construction started) 110 reservation agreements as at the end of H1 2022 Commercial segment Sales and purchase agreement for the disposal of Sky Tower signed by Develia on 15 March 2022 Letter of intent signed and negotiations over the disposal of the "Arkady Wrocławskie" building opened on 4 February 2022 The "Wola Retro" building prepared for disposal, commercialisation level standing at 86% Develia Group - H1 2022 Performance Gross margins on sales in the development segment of 27,9% Consolidated net profit of PLN 15,8 m vs net loss PLN 55,7 m (H1 2021) Consolidated net profit adjusted for total revaluation settled through profit or loss PLN 6,5 m vs PLN 64,2 m (H1 2021) Agenda 1. Market situation 2. Housing sector 3. Commercial real property 4. Financial Data 5. Attachments www.develia.pl 1. Market situation Housing market Number of building permits granted, constructions started, and flats delivered by developers on a quarterly basis Construction started Flats delivered Building permits granted 70 000 65 485 60 000 57 111 56 334 52 733 55 451 52 020 48 467 50 000 45 502 43 917 42 382 44 112 42 863 40 318 38 338 37 347 40 000 34 869 36 815 35 286 30 000 20 000 73230 68425 63135 46122 98133 64429 28331 76133 38533 64828 18433 11730 71035 03332 74339 13740 84731 42230 68621 94331 28340 95838 39236 44742 13040 40430 55247 13230 34640 75936 25738 44344 67531 34929 88839 57033 10 000 Source: GUS (Central Statistical Office of Poland) - Offer at the end of quarter 60 000 Flats for sale and sold yearly compared with the offer of units 70044 10045 80046 70050 10051 30051 20050 30050 30044 90048 30049 00048 10042 80037 60036 40037 30040 *00051 Number 50 000 * Actualoffer at the end 2Q'2022 40 000 43,2 tys. 30 000 20 000 10 000 0 5 Actual supply 11,5 tys. Offer at the end of quarter Source: JLL,( aggregate for main biggest markets (Warsaw, Wrocław, Gdańsk, Sopot, Gdynia, Cracow, Poznań, Łódź) This is an excerpt of the original content. To continue reading it, access the original document here.