Stockland Corp Ltd (FRA:LN1)
€ 3.117 -0.0245 (-0.78%) Market Cap: 7.68 Bil Enterprise Value: 10.15 Bil PE Ratio: 40.87 PB Ratio: 1.25 GF Score: 83/100
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Half Year 2023 Stockland Corporation Ltd Earnings Call Transcript

Feb 20, 2023 / 11:00PM GMT
Release Date Price: €2.47 (+0.86%)
Operator

Welcome everyone to the Stockland First Half 2023 Results Announcement. There will be a short presentation followed by a Q&A session. (Operator Instructions)

I will now pass over to our first speaker, Mr. Tarun Gupta.

Tarun D. Gupta
Stockland - MD, CEO & Director

Good morning. My name is Tarun Gupta, CEO and Managing Director. Welcome to Stockland's financial results update for the first half of 2023. Before we begin, I would like to start by acknowledging the traditional owners and custodians of the land on which we meet, the garage people of the Euro nation and pay my respects to elders past, present, and emerging. Joining me today is Alison Harrop, our CFO; Louise Mason, CEO of Commercial Property; and Andrew Whitson, CEO of our Communities business.

Our first half '23 result reflects the benefits of the execution of our strategy and our continued focus on driving strong operational results. Our residential rental and Empire capital partnerships contributed new high-quality management and development income streams this period.

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