Half Year 2025 Patrizia SE Earnings Call Transcript

Aug 13, 2025 / 10:59 AM GMT

Transcript

Key Points

Positve

EBITDA almost doubled compared to the first six months of 2024, driven by continued cost discipline.
The EBITDA margin grew by 10.9 percentage points to 21.5%.
Asset valuations have stabilized in the first half of 2025.
Patrizia SE (WBO:P1Z) has established key global platforms to drive business, including investment management and fund management platforms.
There is increasing demand for asset classes where Patrizia SE (WBO:P1Z) can leverage its strengths, such as infrastructure and real estate.

Negative

Currency effects on assets under management (AUM) prevented a return to EU growth in the first half of 2025.
Transaction fees decreased by 27%, reflecting lower activity, especially in real estate.
Performance fees were lower due to continued lower realizations for clients.
Available liquidity decreased to 80 million EUR due to dividend payments and capital deployments.
There is ongoing geopolitical tension and other uncertainties affecting the market environment.

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

PATGn.DE - Patrizia SE
Half Year 2025 Patrizia SE Earnings Call
Aug 13, 2025 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Good day, ladies and gentlemen, and a warm welcome to today's earnings call of the PatriciaSE following the publication of the first half year financial results of 2025.

Kindly note that every participant is in a listen-only mode, but after the presentation, we will move on to a Q&A session where we will be happy to take your questions in person by our audio line. And having said this, I hand over to Patricia's associate director Investor Relations to Bia Ender.

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Unidentified_2 [2]
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Thank you, Sarah. Welcome everyone to our today's analyst and investor

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