Mirvac Group (FRA:MJB)

€ 1.3002 -0.022 (-1.66%) Market Cap: 5.25 Bil Enterprise Value: 7.81 Bil PE Ratio: 0 PB Ratio: 0.89 GF Score: 71/100

Half Year 2024 Mirvac Group Earnings Call Transcript

Feb 07, 2024 / 11:30PM GMT

Release Date Price: €1.3 (+2.67%)

Transcript

Campbell Hanan Mirvac Group;Chief Executive Officer

Managing Director & Director

Good morning, and thank you for joining us for Mirvac's interim results presentation for FY 2024. Here with me today are Courtenay Smith, Richard Seddon, Scott Mosely, and Stuart Penklis.

I'd like to begin by acknowledging the traditional custodians of the land on which we meet. For us it's the Gadigal people of the Eora nation and I pay my respects to elders past and present.

It's been almost a year since we announced our new business structure and it's been great to see momentum continuing across our divisions, along with efficiencies in capital and resourcing being realized. In April last year, we outlined our key strategic objectives, ensuring balance sheet flexibility, expanding our funds management, increasing our investment portfolio resilience, leveraging our development capability, and maintaining our focus on ESG and culture.

I'm pleased to say we've made excellent progress in executing on these over the past six months, and I'm extremely proud of what our team has

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