Warehouses De Pauw SA (XBRU:WDP)
€ 26.76 -0.4 (-1.47%) Market Cap: 5.99 Bil Enterprise Value: 8.29 Bil PE Ratio: 0 PB Ratio: 1.32 GF Score: 81/100

Q2 2019 Warehouses de Pauw Comm VA Earnings Call Transcript

Jul 31, 2019 / 08:00AM GMT
Release Date Price: €21.57 (-3.23%)
Operator

Ladies and gentlemen, welcome to the WDP investors and analyst call regarding the HY 2019 results. (Operator Instructions)

I will now hand over to Mr. Joost Uwents, CEO; and Mr. Mickael Van Den Hauwe, CFO. Mr. Joost, please go ahead.

Joost Uwents
Warehouses De Pauw - Co-CEO & Executive Director

Thank you very much and good morning, everybody here for our half year communication and the first time in our new growth plan up to '23. And indeed, we can say we started very well in this new growth plan. Remember, the new growth plan for that we need to invest, let's say, around amount EUR 100 million per quarter during 4 years in order to realize our EUR 8.00 per share. In the first year and we started not with EUR 200 million, but with EUR 325 million of new projects secured, which is let's say, more than rounded our EUR 100 million plus one big project, the biggest chocolate distribution center of the world for Callebaut in Lokeren, which gives us an extra which lets us realize EUR 325 million.

Besides this, I think our earnings per share,

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