Full Year 2024 Wereldhave NV Earnings Call Transcript

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Feb 11, 2025

Feb 11, 2025 / 09:00AM GMT
Matthijs Storm - Wereldhave NV - Chief Executive Officer, Member of the Management Board

Good morning everyone. Welcome to the Wereldhave full year 2024 results or webcast. I'm Matthijs Storm, CEO of Wereldhave. I'm here today with Dennis de Vreede, our CFO, familiar to most of you. We do the usual formats. We'll, take you through some slides with the highlights of the results, towards the end of the presentation.

We will, answer the questions you might have, during the presentation already you can type your questions in the text box, below the screen. So let's start with the presentation and the highlights. I go to slide number 3. First of all, the net profit, so this is a combination of the direct result, the recurring cash flow, but also the revaluation of the investment properties at EUR140 million.

That's the highest number since 2007. I think that's quite remarkable. It's 18 years ago that we achieved such a high profit. I think back then it was a little bit over EUR200 million. But since then we never had a result like this, so I'm really proud of the teams at Wereldhave who have

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