Globe Trade Centre SA (LTS:0K02)
zł 5.27874 0 (0%) Market Cap: 2.27 Bil Enterprise Value: 7.82 Bil PE Ratio: 8.18 PB Ratio: 0.46 GF Score: 69/100

Half Year 2024 Globe Trade Centre SA Earnings Call Transcript

Aug 22, 2024 / 08:00AM GMT
Release Date Price: zł5.28
Operator

For a Q&A session. As you just heard, the call is being recorded, and the sound recording of the call will be posted on the company's website later today. Let me now give the floor to Gyula for the opening.

Gyula Nagy
Globe Trade Centre SA - Chief Executive Officer, Member of the Management Board

Thank you very much, Malgosia. Good morning, everyone, and thank you for the possibility to have this to give this presentation to you about the first half of 2024 of GTC Group.

Malgosia, can you please put the presentation on the screen?

Thank you very much. So as a summary, I would like to start with so for the first half of 2024, GTC Group's consolidated rental revenues went up by 3% to EUR93 million, which then concluded arose of a rise of 4% in gross margin as well to 65%. Both of them are a slight increase compared to the same period last year. These are mainly due to new completions, actually three assets in Belgrade, in Budapest and Zagreb, combined with the yearly indexation incorporated in our rental income.

Malgosia, can you

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot