ENXTBR:WDPIndustrial REITs
Is Warehouses De Pauw's (ENXTBR:WDP) Revenue–Earnings Split Reframing Its Profitability Playbook?
Warehouses De Pauw SA has released its full-year 2025 results, reporting sales of €451.76 million versus €398.18 million in 2024, while net income moved to €353.92 million from €435.5 million and basic earnings per share from continuing operations shifted to €1.54 from €1.96.
This combination of higher revenue but lower profitability in 2025 raises questions about cost trends, portfolio mix, and how the logistics real estate group is managing its earnings profile.
We’ll now examine how the...