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Gateway Real Estate AG
Earnings Release • Mar 21, 2022
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Earnings Release
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News Details
Ad-hoc | 21 March 2022 13:27
Gateway Real Estate AG: Forecast for the fiscal year 2022
Gateway Real Estate AG / Key word(s): Forecast/Real Estate
Gateway Real Estate AG: Forecast for the fiscal year 2022
21-March-2022 / 13:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – 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 2022
Berlin, March 21, 2022 . 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 2022.
The company expects for the fiscal year 2022 EBIT adjusted* of EUR 125 to 140 million (forecast for the fiscal year 2021: EUR 95 to 110 million) and earnings before taxes (EBT) of EUR 70 to 85 million (forecast for the fiscal year 2021: EUR 70 to 80 million).
Decisive for the business development are future planned sales in the course of forward sale transactions in the residential property development segment.
* 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 – 0
F +49 (0) 30 40 363 47 99
E-Mail: [email protected]
21-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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 |
| EQS News ID: | 1307707 |
| End of Announcement | DGAP News Service |