Investor Relations

Welcome to the Investor Relations section of Warimpex Finanz- und Beteiligungs AG. Since our IPO in 2007, we have maintained open and proactive communication with our investors in order to learn of their wishes and needs so that we can make the right decisions. If you have any questions, please feel free to contact us at any time.

Daniel Folian

Deputy Chairman & CFO

Investment Case

5 good reasons why it is worth investing in Warimpex:

  1. A long track record of developing and selling real estate as part of portfolio development
  2. A highly diversified portfolio by region (Poland, Russia, Hungary, Germany, Austria) and asset (offices and hotels)
  3. Synergies from business activities as a real estate developer and asset manager
  4. A management team with more than 40 years of experience in the CEE real estate market
  5. Ensuring transparency through external valuations

Key financial data

in EUR ’000 2022 Change 2021
Investment Properties revenues 33,154 64% 20,267
Hotels revenues 9,273 92% 4,836
Development and Services revenues 2,709 67% 1,618
Total revenues45,136 <em69%</em> 26,720
Expenses directly attributable to revenues -16,100 52% -10,597
Gross income from revenues29,03680%16,123
Gains or losses from the disposal of properties 2,821
EBITDA 16,498 14% 14,512
Depreciation, amortisation, and remeasurement 42,649 1,025
EBIT 59,148 281% 15,537
Financial result -6,522 -613
Profit or loss for the period (annual result) 42,864 258% 11,980
Net cash flow from operating activities 11,353 128% 4,977
Equity and liabilities 455,068 17% 388,118
Equity 170,289 37% 124,717
Equity ratio 37% 5 pp 32%
Number of shares 54,000,000 54,000,000
Earnings per share in EUR 0.82 249% 0.24
Number of treasury shares as of 31 December 1,939,280 1,939,280
Number of office and commercial properties 9 1 8
Lettable office space (adjusted for proportionate share of ownership) 126,300 m² 28,800 m² 97,500 m²
m² with sustainability certificates (adjusted for proportionate share of ownership) 75,400 m² 21,600 m² 53,800 m²
in % of the total area 60 5 pp 55
Number of hotels 4 4
Number of hotel rooms (adjusted for proportionate share of ownership) 831 - 831
Gross asset value (GAV) in EUR millions 429.3 17% 365.8
NNNAV per share in EUR 3.78 37% 2.76
EPRA NTA 3.59 36% 2.63
End-of-period share price in EUR 0.65 -42% 1.12

Corporate Governance

As a listed real estate company, Warimpex is committed to responsible and transparent corporate governance. Through the development and management of real estate, Warimpex shapes the environment in social, ecological and economic terms. This influence entails a high degree of responsibility, which is understood and accepted as an integral part of the corporate culture, but also as a central pillar of success.

Warimpex is committed to both the Austrian Code of Corporate Governance (ÖCGK) and the Polish "Best Practice for GPW Listed Companies 2016".