Earnings Call Summary | Vesta Real Estate(VTMX.US) Q1 2024 Earnings Conference
Earnings Call Summary | Vesta Real Estate(VTMX.US) Q1 2024 Earnings Conference
The following is a summary of the Corporación Inmobiliaria Vesta, S.A.B. De C.V. (VTMX) Q1 2024 Earnings Call Transcript:
以下是Corporacion'n Inmobiliaria Vesta, S.A.B. De C.V.（VTMX）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Vesta reported a 20.1% rise in the adjusted net operating income (NOI) in Q1 2024 to $57.4 million.
The company posted total revenues for Q1 of $60.6 million, marking a 21% increase largely due to new rental leases.
They reported Funds From Operations (FFO) of over $40 million, up by 32.4% YoY.
The company's adjusted EBITDA rose by 20% to reach $50.6 million, with the margin at 84.7%.
Vesta possessed cash and equivalents worth $445 million, with the total debt slightly decreased to $914 million. The net debt to EBITDA ratio stood at 2.4 times.
維斯塔報告稱，2024年第一季度調整後的淨營業收入（NOI）增長了20.1％，至5,740萬美元。
該公司公佈的第一季度總收入爲6,060萬美元，增長了21％，這主要是由於新的租賃租約。
他們報告運營資金（FFO）超過4000萬美元，同比增長32.4％。
該公司調整後的息稅折舊攤銷前利潤增長了20％，達到5,060萬美元，利潤率爲84.7％。
維斯塔擁有價值4.45億美元的現金及等價物，總債務略有下降至9.14億美元。淨負債與息稅折舊攤銷前利潤的比率爲2.4倍。
Business Progress:
業務進展：
In terms of operations, stabilized occupancy for Q1 2024 raised by 40 basis points to 97.1%, while total portfolio occupancy increased to 94%.
Vesta initiated construction on four new buildings, with on-going construction reaching 4.1 million square feet.
The company stated it will continue to prioritize its investment pipeline which promises above-market returns with higher spreads.
Despite minor project adjustments and delays, the company anticipates no substantial impact on potential income or its value proposition.
Vesta saw considerable growth from Foxconn, a major tenant, in Guadalajara where prominent electronics manufacturing components are produced.
在運營方面，2024年第一季度的穩定入住率提高了40個點子至97.1％，而投資組合的總入住率增加到94％。
Vesta開始建造四座新建築，在建建築面積達到410萬平方英尺。
該公司表示，將繼續優先考慮其投資渠道，該渠道承諾高於市場的回報和更高的利差。
儘管進行了細微的項目調整和延遲，但該公司預計不會對潛在收入或其價值主張產生實質性影響。
Vesta在瓜達拉哈拉的主要租戶富士康看到了可觀的增長，那裏生產重要的電子製造組件。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。