UBM Development AG (UBS) Earnings Call Transcripts

UBM Development AG's Latest Earnings Call - Q1 FY2026

In Q1 2026, UBM Development AG reported a significant turnaround with a positive result both before and after taxes, driven by strong residential sales, particularly in Austria. Revenue figures have not been disclosed, but management highlighted a liquidity increase to EUR 168 million and an equity ratio of 33.7%, positioning the company favorably for future growth. The company is focused on a strategic shift towards affordable housing, which management believes will be a key driver of future profits, although they acknowledged challenges in the German market.

Reported metrics

Guidance from management

Management is optimistic about the future, particularly regarding the affordable housing strategy, but acknowledged the need for time to complete the portfolio rebalancing over the next 2-3 years. They expect to see positive news regarding asset sales in the coming quarters.

What management said

Thank you. Thank you very much. Well, it's a beautiful summer day here in Vienna, and I guess it's a beautiful summer day almost throughout Europe. I understand that everybody is already dreaming of the holidays and vacations. We will not have too much of a holiday. And I ask you to at least keep an eye on the news channel and our social media where we will report over the course of summer what progress that we have ...

What analysts pressed on

Analysts expressed concerns about the timeline for portfolio rebalancing and the potential impact of market conditions in Germany on future sales. There were also questions regarding the financing strategy and cash position post-repayments.

Main topics on the call

• Positive Financial Results — Management reported a positive result before and after taxes, indicating a successful continuation of the turnaround that began in Q2 of the previous year. CEO Thomas Winkler stated, "We are proud to report a positive re...
• Liquidity and Balance Sheet Strength — UBM's liquidity has increased to EUR 168 million, with an equity ratio of 33.7%, reflecting solid balance sheet management. CFO Patric Thate noted, "Balance sheet ratios are well under control with an equity ratio of 33....
• Shift to Affordable Housing — The company is pivoting towards affordable housing, targeting net selling prices of around EUR 5,000 per square meter, with expected annual returns of around 4% for institutional investors. Patric Thate emphasized, "Our ...
• Challenges in the German Market — Management expressed concerns about the slow recovery in the German market, citing a significant mismatch between demand and supply. Winkler stated, "Germany is still slow, but represents an upside without any doubt."

Read the full UBM Development AG transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 17 UBM Development AG earnings call transcripts on record, spanning November 26, 2020 to May 28, 2026. Based on this history, UBM Development AG reports semi-annually. The most recent call on file is dated May 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

UBS

Exchange

WBAG

Country

AT

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

17

First call

November 26, 2020

Most recent

May 28, 2026

Reporting cadence

semi-annually