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Gateway Real Estate AG
Management Reports • Apr 24, 2023
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Ad-hoc | 24 April 2023 17:59
Gateway Real Estate AG: Forecast for the fiscal year 2023
Gateway Real Estate AG / Key word(s): Forecast/Real Estate
Gateway Real Estate AG: Forecast for the fiscal year 2023
24-Apr-2023 / 17:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Gateway Real Estate AG: Forecast for the fiscal year 2023
Berlin, April 24, 2023 . The Management Board and Supervisory Board of Gateway Real Estate AG (“Company” – WKN A0JJTG / ISIN DE000A0JJTG7) adopted in its today’s meeting the forecast for the fiscal year 2023.
Due to the challenging market conditions and a significantly reduced transaction speed, in particular as a result of the changed interest rate environment, the Company expects an EBIT adjusted* of EUR 5 to 15 million (fiscal year 2022: EUR 18.4 million based on preliminary and as yet unaudited figures) and earnings before taxes (EBT) of EUR -10 to 0 million (fiscal year 2022: EUR -32.5 million based on preliminary and as yet unaudited figures).
* EBIT adjusted: Operating income plus income from investments accounted for using the equity method.
Contact
Sven Annutsch
Hardenbergstr. 28a
10623 Berlin
T +49 (0) 30 40 363 47 – 11
F +49 (0) 30 40 363 47 99
E-Mail: [email protected]
www.gateway-re.de
End of Inside Information
24-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Gateway Real Estate AG |
| Hardenbergstraße 28a | |
| 10623 Berlin | |
| Germany | |
| Phone: | +49 (0) 30 40 363 47 – 0 |
| Fax: | +49 (0) 30 40 363 47 99 |
| E-mail: | [email protected] |
| Internet: | www.gateway-re.de |
| ISIN: | DE000A0JJTG7 |
| WKN: | A0JJTG |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1615565 |
| End of Announcement | EQS News Service |