One United Properties SA (BSE:ONE)
lei 34 (0%) Market Cap: 3.76 Bil Enterprise Value: 5.39 Bil PE Ratio: 11.75 PB Ratio: 1.14 GF Score: 90/100

Q1 2025 One United Properties SA Earnings Call Transcript

May 14, 2025 / 08:00 AM GMT
Release Date Price: lei17.26 (+0.12%)

Key Points

Positve
  • One United Properties SA (BSE:ONE) achieved a 77% pre-sales rate for residential units, indicating strong demand and client trust.
  • The company's cash position increased by 14% to 491 million lei, driven by robust collections and pre-sales.
  • One United Properties SA (BSE:ONE) has a low loan-to-value ratio of 28%, showcasing a solid and conservative financial position.
  • The commercial division saw a 3% increase in headline rent and achieved almost full occupancy, with significant leasing activity.
  • The company is set to deliver as many units in 2025 as it did in the entire past decade combined, demonstrating strong operational execution.
Negative
  • Consolidated turnover decreased by 16% year-on-year, reaching 352 million lei in Q1 2025.
  • Net income from residential property sales decreased by 5% due to fewer units being sold in finalized developments.
  • Gross profit decreased by 39% compared to the first quarter of 2024, primarily due to the reclassification of rental apartments.
  • Net rental income saw a slight decrease of 5% due to temporary vacancy during refurbishment and reorganization of spaces.
  • Residential sales and pre-sales decreased by 21% to 45.1 million euros in the first quarter of 2025.


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E D I T E D V E R S I O N

ROONE.BX - One United Properties SA
Q1 2025 One United Properties SA Earnings Call
May 14, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to One United Properties conference call for presenting the Q1 2025 results. My name is Susanna Koek, and I'm an investor relations manager at One United Properties. I am joined in this call by Victor Capitano, executive board member and co-founder of One United Properties, and Cosmo in Samoila CFR One United Properties.

Before we begin, I would like to mention that this call is being recorded and the recording of this call will be uploaded on our website later today, as stated in the call invite, by joining this video conference, you automatically and implicitly consented to being recorded. If you do not consent to being recorded, please leave the call.

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