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Warehouses De Pauw SA (WDPSF) Q1 2026 Earnings Call Trans...
2026-04-24 · via All Articles on Seeking Alpha

Warehouses De Pauw SA (WDPSF) Q1 2026 Earnings Call April 24, 2026 4:00 AM EDT

Company Participants

Joost Uwents - MD, CEO & Executive Director
Alexander Makar - Group Head of Investor Relations & Capital Markets
Mickaël Hauwe - Chief Financial Officer

Conference Call Participants

Marios Pastou - Bernstein Institutional Services LLC, Research Division
Frederic Renard - Kepler Cheuvreux, Research Division
Suraj Goyal - Green Street Advisors, LLC, Research Division
Vivien Maquet - Banque Degroof Petercam S.A., Research Division
Paul May - Barclays Bank PLC, Research Division
Ana Taborga - Morgan Stanley, Research Division
John Vuong - Kempen & Co. N.V., Research Division

Presentation

Joost Uwents
MD, CEO & Executive Director

Good morning, everybody. For the first time, we are not all together in the same room for an investor call, the proof of our growing European platform. Too much business to do. So we have to spread our spendable time better between clients and investors. Yes, our new 2030 vision announced with the full year results landed very well internally and externally within team WDP, our clients and our investors. It boosted our enthusiasm to build out the EUR 10 billion-plus platform for tomorrow. And yes, we made a perfect start by gathering already new building blocks towards 2030. One, by enforcing our international team and also by assembling on building out in the short term, a new unique land bank from Zwolle to Marseille together with interesting add-on acquisition developments, redevelopments in all our countries.

All of this is fully supported by more and more clients asking to do business with us in more countries. Since my statement, we can now offer solutions from Helsinki to Madrid and Rome. And all of them will be realized step-by-step in the coming quarters, of course, all fitting within our EUR 500 million investment envelope per year. So I can say with confidence that