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Traumhaus AG
Earnings Release • Jan 31, 2019
4570_rns_2019-01-31_a28fd25d-5af4-42ae-bab3-24c1a5083303.html
Earnings Release
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News Details
Corporate | 31 January 2019 11:38
Traumhaus AG: Successful start to the new fiscal year with significant growth rates
DGAP-News: Traumhaus AG / Key word(s): Incoming Orders/Real Estate
31.01.2019 / 11:38
The issuer is solely responsible for the content of this announcement.
Traumhaus AG: Successful start to the new fiscal year with significant growth rates
Wiesbaden, January 31, 2019. Traumhaus AG (WKN: A2NB7S) has successfully started the new financial year. Currently, the company has secured land for the construction of a total of 1,158 terraced houses and semi-detached houses, in addition to 202 residential units in multi-family houses. This represents an increase of 20 percent compared to the previous year.
In the Construction business segment too, the company was able to start the new year early despite the weather conditions. In Dinslaken the construction of 30 terraced houses started. Completion is scheduled for spring 2020. Currently, around 350 units are under construction nationwide. At the start of the previous year, 255 units were under construction.
CEO Otfried Sinner says: “Traumhaus AG is committed to consistent, reliable growth. Since 2008 alone, we have quadrupled the number of buildings completed each year. “On an annual average, the company hands over at least one new home every working day to its customers. “We have made mass production of high-quality solid construction ready,” emphasizes Sinner.
About the company
Traumhaus AG has been designing, planning and constructing standardized terraced and semi-detached houses for 25 years, as well as multi-family dwellings since 2016. The focus is on serial construction in solid construction (masonry construction). It acquires and plans land in Germany from a size of 3,000 sqm for at least 15 terraced houses. These are usually linked to a central, sustainable energy supply. The Traumhaus Group covers the entire value chain in its activities. These include the purchase of real estate, the development of projects and the construction of buildings as well as the development of the building up to the sale and handover of the keys, together with the subsequent care of the real estate.
Contact Investor Relations
Michael Bussmann
+49 6122 58653 – 68
Contact Public Relations
Torsten Biallas, b-communication
+49 89 4524 6970 / +49 172 4229605
31.01.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Traumhaus AG |
| Borsigstraße 20a | |
| 65205 Wiesbaden | |
| Germany | |
| Phone: | +49 (0) 6122 586 53 0 |
| Fax: | +49 (0) 6122 586 53 53 |
| E-mail: | [email protected] |
| Internet: | www.traumhaus-familie.de |
| ISIN: | DE000A2NB7S2 |
| WKN: | A2NB7S |
| Listed: | Regulated Unofficial Market in Frankfurt, Munich |
| End of News | DGAP News Service |