IRSA Inversiones Y Representaciones Sociedad Anónima (IRS) Q1 2025 Earnings Call Transcript Summary
IRSA Inversiones Y Representaciones Sociedad Anónima (IRS) Q1 2025 Earnings Call Transcript Summary
Dividend payments of ARS 90 billion were announced and paid, yielding about 8%.The following is a summary of the IRSA Inversiones Y Representaciones Sociedad Anónima (IRS) Q1 2025 Earnings Call Transcript:
以下是 irsa inversiones y representaciones sociedad anónima（IRS）2025年第一季度業績會討論摘要：
Financial Performance:
財務表現：
IRSA reported an adjusted EBITDA of ARS 46.9 billion in Q1 2025, which is 8.8% lower than the previous quarter.
Net income showed a significant loss of ARS 109 billion due to non-cash effects, mainly from the valuation of investment properties.
Dividend payments of ARS 90 billion were announced and paid, yielding about 8%.
IRSA報告2025年第一季度調整後的EBITDA爲469億阿根廷披索，比上一季度下降了8.8%。
由於非現金影響，主要來自投資房地產的估值，淨利潤出現了1090億阿根廷披索的顯著虧損。
宣佈並支付了900億阿根廷披索的股息，收益率約爲8%。
Business Progress:
業務進展：
Hotel occupancy fell from 66% to 55%, with a decrease also noted in room rates for the quarter, impacting the Hotels segment negatively.
The Office segment showed a decrease due to reduced square meterage, although occupancy increased slightly to 98%.
Significant acquisitions include a property adjoining Alto Avellaneda mall for future expansion and commencement of several new real estate development projects.
Continued development and financial activities in real estate, with several projects underway and others approaching launch.
酒店入住率從66%下降至55%，本季度房間價格也出現下降，對酒店板塊產生了負面影響。
辦公室板塊由於減少了面積而出現下降，儘管入住率略微提高至98%。
重要收購包括在Alto Avellaneda購物中心旁邊收購一處房地產，用於未來擴建和啓動幾個新的房地產開發項目。
房地產領域持續發展和金融活動，有幾個項目正在進行中，另外一些項目即將啓動。
Opportunities:
機會：
The new lease laws and reinvigoration of the mortgage market could stimulate further real estate market activities, potentially driving up property demand and values.
Expected improvements in economic conditions and real salaries may drive recovery in tenant sales and overall market demand.
新的租賃法律和抵押貸款市場的振興可能刺激進一步的房地產市場活動，潛在地推動房屋需求和價值增長。
預期經濟條件和實際工資的改善可能推動租戶銷售和整體市場需求的復甦。
Risks:
風險：
Decreased hotel sector performance due to reduced tourism, influenced by lesser foreign exchange competitiveness, could persist if economic conditions do not improve.
Potential fluctuations in property valuations due to macroeconomic instability, specifically around currency depreciation.
由於旅遊業減少，受外匯競爭力減弱影響，酒店行業表現下降，如果經濟條件不改善，這種影響可能持續。
由於宏觀經濟不穩定性，特別是貨幣貶值，可能導致房地產估值出現波動。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。