VGP NV

VGP NV

61.90
EUR
-0.60
(-0.96%)
2.58BMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.3
0.59
1.16
1.24
1.26
1.57
1.39
1.47
2.09
3.96
4.4
4.6
6.41
- -
Basic EPS, GAAP
1.22
2.47
4.34
4.57
4.81
6.07
10.3
17.3
29.23
-5.49
3.2
10.52
10.64
- -
Free Cash Flow per Basic Share
0.52
-0.08
-0.63
0.34
-0.34
-2.56
-1.47
-2.43
-3.93
-3.17
-1
1.21
1.86
- -
Dividend per Share
- -
- -
- -
- -
- -
1.77
2.05
2.81
3.38
6.7
2.75
3.7
3.3
- -
Book Value per Share
8.32
10.79
18.13
19.55
23.35
27.22
35.05
59.04
92.74
80.69
81.14
87.96
95.3
94.72
Tangible Book Value per Share
8.28
10.75
18.1
19.55
23.35
27.22
35.05
59.02
92.7
80.65
81.1
87.93
95.28
94.71
Basic Weighted Avg Shares
20
20
20
20
20
20
20
21
22
22
27
27
27
28
Sales/Revenue/Turnover
6
12
23
25
25
31
28
31
46
88
120
126
175
- -
Operating Margin (%)
47.3
41.28
21.94
12.87
15.17
23.31
-5.43
-32.75
-43.98
31.25
34.55
29.75
44.27
- -
Depreciation Expense
- -
- -
1
1
- -
- -
1
2
2
4
6
9
11
- -
Net Income, GAAP
24
49
87
91
96
121
206
371
650
-123
87
287
290
- -
Effective Tax Rate (%)
26.18
24.7
12.64
19.27
18.09
11.67
13.65
9.7
14.9
- -
22.57
10.19
14.18
- -
Profit Margin (%)
407.61
421.66
374.43
369
382.4
386.61
739.56
1,179.01
1,400.83
-138.8
72.62
228.63
166.05
- -
Working Capital
62
21
367
98
322
373
262
251
650
564
543
392
297
365
LT Debt
160
193
171
328
390
564
768
749
1,341
1,960
1,885
1,942
2,098
2,365
Total Equity
166
215
362
390
466
543
700
1,306
2,176
2,202
2,214
2,400
2,601
2,875
Return on Invested Capital (%)
9.4
14.65
20.08
15.71
12.04
12.91
16.7
21.22
23.39
- -
2.09
6.57
6.6
- -
Return on Capital (%)
10.29
14.74
19.65
15.06
12.6
13.16
16.93
21.53
23.64
- -
2.59
7.51
7.13
- -
Return on Common Equity (%)
15.32
25.88
29.98
24.27
22.41
23.99
33.08
36.99
37.35
-5.6
3.95
12.44
11.61
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
209
262
285
LT Borrowings
2,120
2,098
2,365
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
30
Market Capitalization
2,333
2,680
2,583

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
761
682
767
Cash, Cash Equivalents & STI
424
523
599
Accounts Receivable, Net
18
26
34
Inventories
- -
- -
- -
Total Current Liabilities
322
385
403
Payables & Accruals
- -
- -
- -
ST Debt
209
262
285
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.43%
17.03%
8.35%
Free Cash Flow
15.44%
-35.84%
54.33%
Net Income, GAAP
20.21%
3.03%
1.2%
Sales/Revenue/Turnover
25.29%
43.54%
39.35%
Total Cash Common Dividend
- -
19.51%
-10.81%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
126
2025
- -
- -
175
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
10.52
2025
- -
- -
10.64
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.7
2025
- -
- -
3.3
2026
- -
- -
- -

Company Description

CEO
Jan van Geet
Full Time Employees
434
Sector
Finance
Industry
Real estate investment trusts
Address
Generaal Lemanstraat 55 box 4 Antwerp BU Belgium 2018
IPO Date
Dec 7, 2007
Business
VGP N.V. VGP NV is a Belgium-based owner, developer and manager of logistics and semi-industrial real estate parks and ancillary office spaces across Europe. The company offers development services including land acquisition, infrastructure build-out, architectural design, permitting, construction coordination and site management; property management and leasing encompassing building operations and long-term tenant contracts primarily with logistics, e-commerce and industrial clients; facility management such as maintenance, waste management and greenery services; and renewable energy solutions via VGP Renewable Energy featuring solar, wind, thermal systems and energy storage integration. VGP N.V. operates in key markets including Germany, the Czech Republic, Hungary, Central and Eastern Europe, Spain and other regions, with a portfolio exceeding 6.5 million square meters as of late 2024; founded in 1998 and headquartered in Antwerp, Belgium. Recent developments encompass multiple joint ventures such as with Areim targeting 500 million euros in asset acquisitions by year-end 2025 including entries into new markets, Ymir progressing construction of a 42,000 square meter facility pre-leased to Isar Aerospace with Allianz closing anticipated in 2026, and others like Saga with principle agreements and distributions expected around 80 million euros in 2025; ongoing land acquisitions and strategic growth pursuits announced in November 2025 trading update; and a BBB- rating assigned in September 2025 reflecting disciplined pre-let development focus.

Company News

  • VGP SA (VGPBF) Analyst/Investor Day Transcript

  • VGP SA (VGPBF) Q2 2026 Earnings Call Transcript

  • VGP NV: Voting Rights and Denominator

  • VGP NV: Shareholders' Meetings of 8 May 2026

  • VGP SA (VGPBF) Q4 2025 Earnings Call Transcript

  • VGP (OTCMKTS:VGPBF) Shares Up 0% – Here’s Why

  • VGP (OTCMKTS:VGPBF) Shares Up 0% – Still a Buy?

  • VGP NV: announces results of its cash tender offer for its outstanding EUR 500,000,000 1.625 per cent. fixed rate green bonds due 17 January 2027 (ISIN: BE6332786449)

  • VGP NV announces final results of its cash tender offer

  • VGP NV announces indicative results of its cash tender offer

  • VGP NV announces the launch of a capped cash tender offer for its outstanding green bonds due 17 January 2027 and green bonds due 8 April 2029, and the intention to concurrently issue new green bonds

  • VGP NV (VGPBF) Full Year 2024 Results Earnings Call Transcript

  • VGP NV: Develops New Facilities for Verne in VGP Park Zagreb

  • 7 Must-Buy Stocks if You Only Have $1,000 to Spend: May Edition

  • VGP NV: Shareholders' Meetings of 10 May 2024

  • VGP NV (VGPBF) Q4 2023 Earnings Call Transcript