Inmobiliaria Colonial SOCIMI SA (LTS:0RID)
€ 5.48 -0.01 (-0.18%) Market Cap: 3.38 Bil Enterprise Value: 8.25 Bil PE Ratio: 0 PB Ratio: 0.69 GF Score: 70/100
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Q3 2021 Inmobiliaria Colonial SOCIMI SA Earnings Call Transcript

Nov 17, 2021 / 05:30PM GMT
Release Date Price: €8.37 (-2.65%)
Operator

Welcome to the Inmobiliaria Colonial Third Quarter 2021 Conference Call. The management will run you through the presentation, which will be followed by a Q&A session.

(Operator Instructions)

I'm now pleased to introduce Mr. Pedro Viñolas, CEO of Inmobiliaria Colonial.

Pedro ViÃ;olas Serra
Inmobiliaria Colonial, SOCIMI, S.A. - Vice-Chairman & CEO

± -

Thank you. Good afternoon. Good evening to everyone. As usual, with me, I have Carmina Ganyet, Corporate Managing Director; and Carlos Krohmer, Chief Corporate Development Officer, who are going to help me in running you through the presentation of our results for the third quarter of the year ['21st] . I am on Page 6 of the presentation. I would start with the headlines. The headlines should start by mentioning that for this -- by the end of this third quarter, the group net profit is EUR 184 million. Since at this time last year 2020, the result was almost nonexisting. That means that there's a huge difference between 2020 and 2021, we are increasing our profit in EUR 179

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