Dexus (FRA:0DPS)

€ 3.8715 0.064 (1.68%) Market Cap: 4.28 Bil Enterprise Value: 7.19 Bil PE Ratio: 0 PB Ratio: 0.61 GF Score: 71/100

Half Year 2023 Dexus Earnings Call Transcript

Feb 13, 2023 / 10:30PM GMT

Release Date Price: €5.22 (+0.02%)

Transcript

Operator

Thank you for standing by, and welcome to the Dexus 2023 Half Year Results Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Darren Steinberg, Chief Executive Officer. Please go ahead.

Darren Joseph Steinberg

Dexus - CEO & Executive Director of DEXUS Funds Management Limited

Good morning, everyone. And thanks for joining us today for our 2023 half year results. As an owner manager and developer of property across the country, I'd like to start today's presentation by acknowledging the traditional custodians of the lands on which we operate, and pay our respects to their elders, past, present and future.

Today, you'll hear from Keir on the financials, Deb on our funds business, Kevin on office, Stewart on industrial and Ross on investments and our development pipeline. We'll then take any questions you might have.

Despite subdued market conditions, it's been an active 6 months. We've announced nearly $800 million of divestments since the FY '22 result, recycling capital into higher returning

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