Q1 2021 Inmobiliaria Colonial SOCIMI SA Earnings Call Transcript
Welcome to the Inmobiliaria Colonial First Quarter 2020 Results Presentation. The management will review through the presentation, which will be followed by a Q&A session. (Operator Instructions).
I'm now pleased to introduce Mr. Pedro Viñolas, CEO, of Inmobiliaria Colonial.
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Hello. Good afternoon to everybody. It's a pleasure to be here again presenting our results, this time the first quarter results 2021. As usual, I will have with me Carmina Ganyet, Corporate General Manager of Colonial as well as Carlos Krohmer, Chief Corporate Development Officer.
First of all, a general comment on the highlights of these results. I would say that these results have to be seen in a dual perspective. First of all, as you will see, our main numbers regarding the EPS turnover, show a year-on-year decrease. But on the other hand, it is mainly due to disposals and a renovation program acceleration. As you know, we've been selling aggressively in the last
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