LEG Immobilien SE (OTCPK:LEGIF) Q3 2024 Earnings Conference Call November 8, 2024 2:30 PM ET
Company Participants
Frank Kopfinger – Head-Investor Relations
Lars von Lackum – Chief Executive Officer
Kathrin Köhling – Chief Financial Officer
Volker Wiegel – Chief Operating Officer
Conference Call Participants
Thomas Neuhold – Kepler Cheuvreux
Marcus Quinones – Bank of America
Rob Jones – BNP Paribas
Thomas Rothausler – Deutsche Bank
Andres Toome – Green Street
Paul May – Barclays
Kai Klose – Berenberg
Neeraj Kumar – Barclays
Frank Kopfinger
Good morning, everyone, from Dusseldorf. Welcome to our Nine Months 2024 Results Call, and thank you for your participation.
We have in the call our entire team with our CEO, Lars von Lackum; our CFO, Kathrin Köhling; as well as our COO, Volker Wiegel. You’ll find the presentation document as well as the quarterly report within the IR section of our homepage. Please note that there is also a disclaimer which you will find on Page 3 of our presentation.
And without further ado, I hand it over to you, Lars.
Lars von Lackum
Thank you, Frank. A very good morning to all of you also from my side.
Today, we feel very excited as we can share some outstanding positive news with you. Therefore, I will focus on the main highlights on Slide 6. We provide more information and details in the presentation, and as always, Kathrin and Volker will give you a deeper insight into our strong operational and financial performance.
There are just five crisp messages, which I want to run to you. Firstly, profitability is all what counts for us. We deliver again on this point operationally as well as financially. Rent growth dynamics are being reflected in a strong 3.2% like-for-like rental growth for our full portfolio, so in-line with our 3.2% to 3.4% rent growth guidance range. 3.2% of rent growth
