HIAG IMMOBILIEN HOLDING AG Investorpresentation HY2023
HIAG Immobilien HoldingAG
Marco Feusi | Stefan Hilber |
CEO | CFO |
28 August 2023 |
Agenda
- Key Highlights
- Key Financials
- Portfolio figures
- Financing
- Portfolio / Asset Management
- Site Development
- Transactions
- Sustainability
- Market assessment by HIAG
- Outlook 2023
- Q&A
- Appendix
HIAG | Investor presentation HY 2023 | 2 |
KeyHighlightsHY2023
Business model is key advantage in higher interest rate environment
Net income excl.
revaluations almost doubled to CHFm 27.4 compared to previous half-year
Successful transaction
business and sale of condominiums lead to significant profit contribution
Further reduction of
vacancy rate from
6.4% to 5.4%
Increased
collected property income
by 8.7% to CHFm 35.3
Establishment of a
CHFm 500 committed
credit line with a duration
of 5 yrs
Good progress in site developments largely offsets negative revaluation trend
Establishment of
Sustainability linked credit line and Green Financing Framework
HIAG | Investor presentation HY 2023 | 3 |
FinancialsHalf-Year2023
HIAG
Keyfinancialfigures-30June2023
At a glance
Income Statement / ROE / EPS
In CHFm | HY 23 | HY 22 | Δ CHFm | Δ % |
Property income | 35.3 | 32.4 | 2.8 | 8.7 |
Revaluation of properties | -7.0 | 42.3 | -49.3 | <-100 |
Income from sale of properties | 15.4 | 2.3 | 13.2 | >100 |
Profit from sale of investment properties | 14.3 | 1.1 | 13.3 | >100 |
Other operating income | 4.6 | 5.2 | -0.6 | -11.7 |
Total operating income | 62.6 | 83.3 | -20.6 | -24.8 |
Total operating expenses | -27.9 | -20.9 | -7.0 | 33.3 |
EBITDA | 34.7 | 62.4 | -27.6 | -44.3 |
Depreciation and amortisation | -0.3 | -0.3 | 0.0 | -13.9 |
EBIT | 34.5 | 62.0 | -27.6 | -44.4 |
Financial result | -5.9 | -3.8 | -2.1 | 55.6 |
Taxes | -6.5 | -2.2 | -4.3 | >100 |
Net income | 22.1 | 56.1 | -34.0 | -60.5 |
Net income excl. revaluation | 27.4 | 14.8 | 12.7 | 85.7 |
RoE annualised | ROE | |||
RoE excl. revaluation annualised | ||||
11.1% | 10.4% | |||
7.7% | ||||
5.3% | ||||
4.6% | 4.0% | |||
4.7% | 4.3% | |||
-9.5% | ||||
-9.7% | ||||
31.12.19 | 31.12.20 | 31.12.21 | 31.12.22 | 30.06.23 |
EPS |
EPS
EPS excl. revaluation
5.05.6
2.8 | 2.7 |
1.51.5
2.2
-2.20.6
-5.4 | ||||
H1 2019 | H1 2020 | H1 2021 | H1 2022 | H1 2023 |
HIAG | Investor presentation HY 2023 | 5 |
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Disclaimer
HIAG Immobilien Holding AG published this content on 28 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2023 07:06:00 UTC.
