15.01.2014 GAGFAH S.A.  LU0269583422

DGAP-News: GAGFAH Successful Completion of 2013 - Confident about Strong FFO Growth

DGAP-News: GAGFAH S.A. / Key word(s): Miscellaneous GAGFAH Successful Completion of 2013 - Confident about Strong FFO Growth 15.01.2014 / 08:26 --------------------------------------------------------------------- Press Release: January 15, 2014 GAGFAH S.A. 2-4, rue Beck L-1222 Luxembourg ISIN: LU0269583422 Frankfurt Stock Exchange (Ticker Symbol: GFJ) Regulated Market (Prime Standard) GAGFAH Successful Completion of 2013 - Confident about Strong FFO Growth 2014 - Recurring FFO to come out at ~EUR0.60 per share for 2013 as expected - Improved operational results with rent growth >1% and vacancy rate < 4.5% for 2013 - Strong growth expected in 2014 and 2015 - guidance further specified - Management plans to pay a dividend again targeted for 2014 financial year Luxembourg, January 15, 2014 - While the detailed annual accounts for 2013 are scheduled to be released on March 26, as previously announced, preliminary results already confirm the 2013 guidance of recurring FFO of ~EUR0.60 per share, rent growth >1% and vacancy rate < 4.5%. 2013 was a turnaround year for the Company with a number of highlights that form the basis for a positive development going forward, most namely: - Portfolio strategy focusing on the 30 largest cities and their respective commuter belts - Completed capital structure optimization by refinancing more than EUR4bn of debt - Identified and started to implement a EUR250 million value enhancing investment program - Increased free float from about 33% to close to 60% - Management team established with full responsibility for execution of new business strategy Going into the new year, the management specifies its recurring FFO guidance of EUR0.80 to EUR0.82 per share (~+35% y-o-y) for this year and EUR0.88 to EUR0.90 per share (~+10% y-o-y) for next year. Management plans a dividend between EUR0.20 and EUR0.25 per share for this year (to be payable in 2015), which will be paid out of free cash flow (cash available for distribution, CAD). For 2015 and beyond, the management targets a total shareholder return between ~5% and 7%, which is expected to include an adequate dividend yield on NAV and solid NAV growth. Thomas Zinnöcker, CEO of GAGFAH GROUP and Member of the Board of Directors of GAGFAH S.A., commented, '2013 was a very good year for GAGFAH and its stakeholders. We have successfully laid the groundwork for an improved operational performance and for strong FFO growth this year, and we are very confident about our targets for 2014 and beyond.' An updated investor presentation with further details can be found on the Company's website at www.gagfah.com ((Investor Relations (Publications (Presentations) Contact GAGFAH S.A. Investor Relations Rene Hoffmann 2-4, rue Beck L-1222 Luxembourg Tel.: +352 266 366 21 [email protected] www.gagfah.com R.C.S. Luxembourg B 109.526 Media Dirk T. Schmitt +49 175 721 4836 [email protected] About GAGFAH S.A. GAGFAH S.A. is a joint stock corporation organized under the laws of the Grand Duchy of Luxembourg qualifying as a securitization company under the Luxembourg Securitization Law of March 22, 2004. The core business of GAGFAH S.A.'s operating subsidiaries is the ownership and management of a residential property portfolio located in Germany. GAGFAH is a leading owner and operator of residential real estate in Germany. Our portfolio includes about 144,000 own residential units that are mostly located in the large German cities and their respective commuter belts. We believe that our size, our significant presence in the key residential markets and our scalable operating platform make us one of the leading providers of affordable housing for low- to medium- income households in Germany. Our operating subsidiaries are full-scale service providers for a broad range of property and facility management services. Our objective is to generate shareholder value through sustainable and growing cash flows, increasing net asset value and sustainable dividends by efficiently managing our portfolio, carrying out value-enhancing property investments, pursuing accretive growth opportunities, and realizing value through selected asset sales. End of Corporate News --------------------------------------------------------------------- 15.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: GAGFAH S.A. 2-4, rue Beck 1222 Luxemburg Grand Duchy of Luxembourg Phone: + 352 266 366 1 Fax: + 352 266 366 01 E-mail: [email protected] Internet: www.gagfah.com ISIN: LU0269583422, LU0269583422 WKN: A0LBDT Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 248059 15.01.2014

Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA-Marge3 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT-Marge5 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Jahresüberschuss1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Netto-Marge6 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Ergebnis je Aktie8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de


WKN Kurs in € Einschätzung Börsenwert in Mio. €
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KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
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Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
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Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,00% 0,00% 0,00% 0,00%
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