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UBM Development AG — Earnings Release 2024
Mar 10, 2025
763_iss_2025-03-10_35bb1fde-fa35-4b40-baac-a4992b263051.pdf
Earnings Release
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News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0
Publication: 10.03.2025 13:40 Source: https://www.pressetext.com/news/20250310035 Keywords: preliminary result / update
Public disclosure of inside information according to article 17 MAR
UBM Development AG: Higher Cash Than Expected
Vienna (pta035/10.03.2025/13:40 UTC+1)
UBM Development AG ("UBM") clearly topped its own guidance from Q3/2024 of "over €150m" with liquidity of €199.5m at year-end 2024. Based on currently available numbers for the 2024 financial year, UBM expects a significant reduction of more than 40% in negative EBT to €23m and an equity ratio roughly of 29%. A positive contribution to the result was primarily driven by the housing boom and the handover of residential units in the Czech Republic and Germany.
| Emitter: | UBM Development AG Laaer-Berg-Straße 43 1100 Wien Austria |
|---|---|
| Contact Person: | Christoph Rainer |
| Phone: | +43 664 80 1873 200 |
| E-Mail: | [email protected] |
| Website: | www.ubm-development.com |
| ISIN(s): | AT0000815402 (Share) AT0000A2AX04 (Bond) AT0000A2QS11 (Bond) AT0000A35FE2 (Bond) XS2355161956 (Bond) |
| Stock Exchange(s): | Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Scale) |
News transmitted by pressetext. The emitter is responsible for the content.