Belgium · Delayed Price · Currency is EUR Cofinimmo Earnings Call Transcripts
Fiscal Year 2025
-
2025 saw strong operational and financial results, with high occupancy, robust rental growth, and a stable balance sheet. The ongoing Aedifica combination, disciplined asset rotation, and sustainability achievements position the group for continued growth in 2026.
-
H1 2025 results exceeded expectations with strong earnings, high occupancy, and robust portfolio performance. Guidance for 2025 is confirmed, with stable debt metrics and continued focus on healthcare real estate and sustainability.
Fiscal Year 2024
-
Solid 2024 results with €244M net core activities, 1.4% rental growth, and a 42.6% debt-to-asset ratio. Healthcare now 77% of portfolio; office exposure reduced. 2025 targets: €6.20 EPS, €5.20 dividend, €170M investments, and €100M divestments.
-
Healthcare real estate now forms 75% of the portfolio, driving strong operational results and a 3% rise in gross rental revenue. EPS guidance for 2024 is maintained at €6.40 per share, with divestment and investment targets reaffirmed and a stable financial structure.