{"id":56553,"date":"2022-05-24T18:40:59","date_gmt":"2022-05-24T16:40:59","guid":{"rendered":"https:\/\/blog.brand-architecture.at\/2022\/05\/24\/mlp-group-reports-strong-quarterly-results\/"},"modified":"2022-05-24T18:40:59","modified_gmt":"2022-05-24T16:40:59","slug":"mlp-group-reports-strong-quarterly-results","status":"publish","type":"post","link":"https:\/\/loginfo24.com\/en\/2022\/05\/24\/mlp-group-reports-strong-quarterly-results\/","title":{"rendered":"MLP Group Reports Strong Quarterly Results"},"content":{"rendered":"
The financial situation of MLP Group, a developer, owner, and manager of high-quality commercial, industrial, and logistics parks tailored to the individual needs of the environment, remains strong. This is evidenced by the results of the first quarter of 2022. In the first quarter of 2022, the company nearly doubled its net profit to \u20ac6.4 million (PLN 29.7 million). This represents an increase of 84 percent compared to the previous year.<\/strong><\/h5>\n

(Warsaw) In the first three months of 2022, the group’s net asset value (NAV) increased by 3 percent to \u20ac404.5 million (PLN 1.88 billion). The value of properties held as financial investments rose by 5.3 percent to approximately \u20ac774.5 million (PLN 3.6 billion), and consolidated revenue amounted to \u20ac13.5 million (PLN 62.6 million), which is an increase of 25.3 percent compared to the previous year. At the same time, operating profit increased by 59.4 percent, reaching \u20ac12.6 million (PLN 58.4 million). The operating result at the end of March was \u20ac4.4 million (PLN 20.3 million), representing a 33.3 percent increase compared to the previous year. The group generated a net profit of \u20ac6.4 million (PLN 29.7 million) in the first quarter of 2022, almost double that of the same period last year.<\/p>\n

Looking to the Future<\/strong><\/h5>\n

The strategic goal of MLP Group is to expand its business in Poland as well as in the German, Austrian, and Romanian markets. The company also aims to establish a presence in the Benelux countries and Hungary in the future. MLP Group offers warehouse space in large-format logistics facilities (Big Box) and business parks (Urban\/City Logistics).<\/p>\n

“The first quarter of 2022 was once again a successful one for MLP Group. We achieved strong financial results and significantly increased our free cash flow – an important metric in these turbulent times. Global instability, issues with global supply chains and logistics, as well as the growing e-commerce sector are the main drivers of demand for new warehouse space. All our projects in Poland, Germany, Austria, and Romania are progressing as planned, and we have secured financing for them. Geographic diversification and a broad customer base across all industries strengthen our operational stability. Our great strength is our land portfolio, which positions us – in line with our strategic goals – for rapid growth in Europe and entry into new markets in the coming years,” said Rados\u0142aw T. Krochta, Chairman of the Management Board of MLP Group S.A.<\/p>\n

Build & Hold<\/strong><\/h5>\n

By the end of the first quarter of 2022, MLP Group had leased a total of over 895,000 m\u00b2 of space, 31,000 m\u00b2 more than in the same period last year, with an additional 210,000 m\u00b2 under construction or in the pipeline. The total development potential of the owned properties amounts to 1.6 million m\u00b2. With a number of reservation agreements, MLP is also able to acquire additional properties to fill its logistics real estate portfolio in Poland and Western Europe.<\/p>\n

As part of its Build & Hold strategy, the group retains completed commercial and logistics parks in its portfolio and manages them. All projects are characterized by attractive locations, the use of built-to-suit solutions, and tenant support throughout the lease term.<\/p>\n

Image: \u00a9 MLP Group \/ Image Caption:<\/em><\/strong> Rados\u0142aw T. Krochta, Chairman of the Management Board of MLP Group S.A.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The financial situation of MLP Group, a developer, owner, and manager of high-quality commercial, industrial, and logistics parks tailored to the individual needs of the environment, [\u2026]<\/span><\/p>\n","protected":false},"author":0,"featured_media":10186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1557,1561],"tags":[],"class_list":["post-56553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forwarding-logistics","category-regions"],"acf":[],"yoast_head":"\nMLP Group Reports Strong Quarterly Results - Loginfo24<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/loginfo24.com\/en\/2022\/05\/24\/mlp-group-reports-strong-quarterly-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MLP Group Reports Strong Quarterly Results - 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