Copenhagen Capital (CPHCAP) Q3 2024 earnings summary

Executive summary

• Strategic plan 'DOUBLE 2028' aims to double EVBAT from DKK 15-17 million in 2024 to over DKK 30 million by 2028 through portfolio optimization and acquisitions.

• Operations in Q3 2024 proceeded as expected with low vacancy rates and ongoing property improvements.

Financial highlights

• 2024 primary operating profit expected between DKK 15.0 million and DKK 17.0 million before property revaluations, debt market value adjustments, and tax.

• Positive property revaluations anticipated for the full year due to active asset management and rent adjustments.

Outlook and guidance

• 2025 primary operating profit forecasted at DKK 16-18 million before revaluations, debt adjustments, and tax.

• Results may be influenced by property transactions and interest rate developments.