Merlin Properties SOCIMI SA (FRA:MEQA)
€ 10.13 -0.11 (-1.07%) Market Cap: 5.78 Bil Enterprise Value: 9.20 Bil PE Ratio: 43.96 PB Ratio: 0.77 GF Score: 72/100
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Q3 2024 MERLIN Properties SOCIMI SA Earnings Call Transcript

Nov 15, 2024 / 02:00PM GMT
Release Date Price: €9.74 (-0.56%)
Ines Arellano
MERLIN Properties SOCIMI SA - Director, IR Contact

Dear ladies and gentlemen, welcome, and thank you for joining MERLIN's nine months '24 trading update conference call. As in previous quarterly results, our CEO, Ismael Clemente, will provide you with the main highlights of the period.

(Operator Instructions)

Ismael Clemente Orrego
MERLIN Properties SOCIMI SA - Chief Executive Officer, Executive Vice Chairman of the Board of Directors

Thank you, Ines. Good afternoon, everyone. Welcome to MERLIN third quarter results presentation. On Monday, we were heading to approve the Board of Directors and report to market an excellent set of results, both quantitatively and qualitatively, given particularly the progress on the data center business plan.

Disgracefully, given the news about the attempted modification of the SOCIMI regime, these results have been all a sudden overshadowed by uncertainty and anger, two of the worst enemies of the stock market. Our shares plummeted on Tuesday by more than 7%, and we have been unable to

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