Investis Holding SA (FRA:IYP)
€ 168 +2 (+1.2%) Market Cap: 2.12 Bil Enterprise Value: 2.75 Bil PE Ratio: 12.85 PB Ratio: 1.34 GF Score: 56/100

Full Year 2024 Investis Holding SA Earnings Call Transcript

Mar 19, 2025 / 08:00 AM GMT
Release Date Price: €61

Key Points

Positve
  • Investis Holding SA (XSWX:IREN) successfully expanded its property portfolio, acquiring properties worth over 370 million in 2024.
  • The company reported a significant revaluation gain of 105 million, reflecting the quality of its portfolio.
  • Investis Holding SA maintains a conservative loan-to-value (LTV) ratio of 27.6%, indicating strong financial health.
  • The sale of the service business in 2024 generated a gain of 122 million, strengthening the company's equity base.
  • The company plans to acquire an additional 300 million worth of properties in 2025, indicating continued growth and expansion.
Negative
  • The vacancy rate increased slightly to 1.9%, although it is expected to decrease in 2025.
  • The market for new construction remains challenging due to a shortage of land and complex authorization procedures.
  • Investis Holding SA's shares are trading at a discount to NAV, contrasting with many Swiss residential real estate funds trading at a premium.
  • The company faces regulatory constraints that could impact future construction and development activities.
  • There is ongoing uncertainty in the political and economic environment, particularly in neighboring countries, which could affect market conditions.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

IREN.S - Investis Holding SA
Full Year 2024 Investis Holding SA Earnings Call
Mar 19, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, welcome to the Invested 24 results webcast. All participants of the webcast are in listen-only mode, and the webcast will be recorded. Please note that the recording by participants for publication or broadcast is not allowed.

After the presentation, there will be a Q&A session where you can ask questions in written form and orally. Written questions can be submitted at any time via the dialogue on the left side of the live stream tab.

Additionally, you can ask your questions verbally via the tap audio Q&A. Details on that process will be explained at a later stage. With that, I will now hand over to Stefan Bova, CEO of Investors.

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