VGP NV (EBR:VGP)
Belgium · Delayed Price · Currency is EUR | Market Cap | 2.18B -15.0% |
| Revenue (ttm) | 208.91M +27.0% |
| Net Income | 229.70M -29.5% |
| EPS | 8.29 -30.6% |
| Shares Out | 30.35M |
| PE Ratio | 8.65 |
| Forward PE | 19.06 |
| Dividend | 3.40 (4.74%) |
| Ex-Dividend Date | May 8, 2026 |
| Volume | 318,634 |
| Open | 72.20 |
| Previous Close | 72.70 |
| Day's Range | 71.30 - 73.40 |
| 52-Week Range | 70.30 - 111.20 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 101.25 (+41.21%) |
| Earnings Date | Nov 20, 2026 |
About VGP NV
VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. The company operates through three segments: Investment, Property Development, and Renewable Energy. It leases its properties to tenants in the logistic sector, including storing, assembling, reconditioning, and final treatment of goods. The company also provides property management services; asset management services related to corporate administration, financing, business planning, reporting, budgeting, managem... [Read more]
Financial Performance
In 2025, VGP NV's revenue was 191.99 million, an increase of 32.74% compared to the previous year's 144.64 million. Earnings were 290.44 million, an increase of 1.20%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for VGP stock is "Buy." The 12-month stock price target is €101.25, which is an increase of 41.21% from the latest price.
News
VGP NV Transcript: CMD 2026
A multi-year growth strategy is underway, leveraging a prime land bank, capital recycling, and new multi-investor vehicles. Major investments target automation, renewable energy, and data centers, with the first data center cash flows expected by 2030. Recurring income and asset management fees are set to rise significantly.
VGP NV Slides: FY 2026
VGP NV has posted slides in relation to its FY 2026 quarterly earnings report, which was published on September 3, 2026.
VGP NV Earnings Call Transcript: H1 2026
Net profit after tax reached EUR 120 million in H1 2026, with EBITDA at EUR 186.4 million and committed annualized rent income rising 11% year-on-year to EUR 496 million. Strong liquidity, robust leasing activity, and disciplined development underpin a positive outlook for the remainder of the year.
VGP NV Quarterly report: H1 2026
VGP NV has published its H1 2026 quarterly earnings report on August 20, 2026.
VGP NV Slides: H1 2026
VGP NV has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 20, 2026.
VGP NV upgraded to Buy from Hold at Jefferies
Jefferies upgraded VGP NV (VGPBF) to Buy from Hold with a price target of EUR 3.70, up from EUR 3.62. Despite the challenging backdrop, European real estate investment trusts offer…
VGP NV Slides: Company presentation
VGP NV has posted slides in relation to its latest quarterly earnings report, which was published on May 20, 2026.
VGP NV downgraded to Neutral from Outperform at Oddo BHF
Oddo BHF analyst Steven Boumans downgraded VGP NV (VGPBF) to Neutral from Outperform with a EUR 90 price target
VGP NV: Voting Rights and Denominator
Press Release Regulated Information Antwerp, 12 May 2026 – 6.00 p.m. CET In application of Article 15 of the Law of May 2, 2007 on the disclosure of major shareholdings in issuers whose shares are adm...
VGP NV: Shareholders' Meetings of 8 May 2026
Press Release Regulated Information Antwerp, 8 May 2026, 18:00 CET VGP NV (‘VGP' or ‘the Group') held today its Annual, Special and Extraordinary Shareholders' Meetings (the ‘Shareholder Meetings') in...
VGP NV Slides: Company presentation
VGP NV has posted slides in relation to its latest quarterly earnings report, which was published on March 27, 2026.
VGP NV Earnings Call Transcript: H2 2025
Pre-tax profit rose 6% to EUR 338 million, with EBITDA up 28% and record new leases signed. The portfolio remains 98% let, with a strong pipeline and robust demand from e-commerce and defense sectors. JV expansion and a new Pan-European fund support future growth.
VGP NV Earnings release: H2 2025
VGP NV released its H2 2025 earnings on February 19, 2026, summarizing the period's financial results.
VGP NV Slides: H2 2025
VGP NV has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 19, 2026.
VGP NV Annual report: H2 2025
VGP NV has published its H2 2025 annual report on February 19, 2026.
VGP NV Slides: Company presentation
VGP NV has posted slides in relation to its latest quarterly earnings report, which was published on February 1, 2026.
VGP NV: announces results of its cash tender offer for its outstanding EUR 500,000,000 1.625 per cent. fixed rate green bonds due 17 January 2027 (ISIN: BE6332786449)
The Offer was announced on 8 January 2026 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 8 January 2026 (the “Tender Offer Memorandum”).
VGP NV Earnings Call Transcript: H1 2025
Pre-tax profit rose 35% to EUR 208.6 million, with strong EBITDA growth and record leasing activity. Occupancy remains high, construction costs are under control, and the land bank expanded significantly. Outlook is positive with robust pre-let ratios and further asset transfers to JVs planned.
VGP NV Earnings release: H1 2025
VGP NV released its H1 2025 earnings on August 21, 2025, summarizing the period's financial results.
VGP NV Slides: H1 2025
VGP NV has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 21, 2025.
VGP NV Slides: Company presentation
VGP NV has posted slides in relation to its latest quarterly earnings report, which was published on May 12, 2025.
VGP NV announces final results of its cash tender offer
PRESS RELEASE Regulated Information* Public disclosure of inside information NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERIC...
VGP NV announces indicative results of its cash tender offer
PRESS RELEASE Regulated Information* Public disclosure of inside information NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERIC...
VGP NV announces the launch of a capped cash tender offer for its outstanding green bonds due 17 January 2027 and green bonds due 8 April 2029, and the intention to concurrently issue new green bonds
PRESS RELEASE Regulated Information*Public disclosure of inside information VGP NV announces the launch of a capped cash tender offer for its outstanding EUR 500,000,000 1.625 per cent. fixed rate gre...
VGP NV Slides: Company presentation
VGP NV has posted slides in relation to its latest quarterly earnings report, which was published on March 7, 2025.