04.02.2020 TTL Beteiligungs- und Grundbesitz-AG  DE0007501009

DGAP-News: TTL Beteiligungs- und Grundbesitz-AG achieves record consolidated net profit and exceeds the earnings forecast - a dividend of EUR 0.20 per share will be proposed


DGAP-News: TTL Beteiligungs- und Grundbesitz-AG / Key word(s): Preliminary Results
TTL Beteiligungs- und Grundbesitz-AG achieves record consolidated net profit and exceeds the earnings forecast - a dividend of EUR 0.20 per share will be proposed

04.02.2020 / 08:30
The issuer is solely responsible for the content of this announcement.

Munich, 04.02.2020

TTL Beteiligungs- und Grundbesitz-AG achieves record consolidated net profit and exceeds the earnings forecast - a dividend of EUR 0.20 per share will be proposed

  • Preliminary consolidated net profit of EUR 4.8 million
  • Positioning and strategic realignment successfully implemented
  • Proceeds from the sale of GEG finance the set-up and growth of the four strategic pillars
  • High valuation gains from the stake in DIC Asset AG, which has now been increased to 7.1 percent
  • TTL among the highest dividend-stocks

TTL Beteiligungs- und Grundbesitz-AG ("TTL AG", "TTL") (ISIN DE0007501009) looks back on a course-setting fiscal year 2019. In June 2019, the sale of the GEG German Estate Group ("GEG") by TTL Real Estate GmbH, in which TTL AG holds 50 percent of the shares, to the DIC Asset AG Group was completed. The inflow of funds from the sale will be used for the strategic realignment of TTL AG.

On the one hand, the GEG sales proceeds were used to establish a new investment platform, Stone Capital Partners GmbH ("StoneCap Partners"), and on the other hand to build up a strategic investment in DIC Asset AG. In particular, TTL Real Estate GmbH's almost 5 per cent stake in DIC Asset AG led to substantial valuation gains at the reporting date. TTL AG's preliminary consolidated net profit amounts to EUR 4.8 million. This is EUR 0.3 million above the upper end of the forecast corridor of EUR 4.0-4.5 million.

In order to allow shareholders to participate in this favourable development, TTL AG's Management Board plans to significantly increase the dividend compared to the previous year and will propose to the Annual General Meeting a dividend payment of EUR 0.20 per share (previous year EUR 0.12 per share) for the 2019 business year. Based on the price of the TTL share on December 31, 2019, this corresponds to a dividend yield of around 5.6 percent.

"After the GEG sale, we have positioned TTL AG on a broader and more stable basis for the future. In the current year, we will both further expand our investment portfolio as well as generate substantial earnings with the StoneCap Partners transaction platform. The increase in TTL Real Estate GmbH's stake in DIC Asset AG to a total of 7.1 percent in January of this year was a further consistent step towards implementing our investment strategy", comments Theo Reichert, CEO of TTL AG.

TTL's annual report will be published in full on 14 February 2020.

About TTL:

TTL Beteiligungs- und Grundbesitz-AG (ISIN DE0007501009/Stock exchange symbol TTO) is a listed holding company focusing on the German real estate market. As a holding company, its aim is to enter into profitable investments, to accompany and develop them in order to participate in their value enhancement and to sustainably increase the earning power of TTL AG in the interest of its shareholders. TTL invests in both privately held and listed real estate companies with high dividends. In addition, TTL also participates in real estate projects and properties via platforms, whereby TTL Group provides mezzanine financing for these investments in addition to equity.

The Munich-based company holds through DIC Capital Partners (Europe) GmbH an interest in the Deutsche Immobilien Chancen Group and invests via TTL Real Estate GmbH in listed, high-dividend real estate companies. At the same time, the company engages itself in real estate project developments, value-add properties and portfolios via the StoneCap Partners investment platform and plans to invest in further real estate portfolios in the future.

Media and Investor Relations contact

Annette Kohler-Kruse
Instinctif Partners
Tel. +49 89 3090 5189-23
[email protected]
[email protected]

04.02.2020 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: TTL Beteiligungs- und Grundbesitz-AG
Theresienhöhe 28
80339 München
Phone: +49 (0)89 381611-0
Fax: +49 (0)89 3915-92
E-mail: [email protected]
Internet: www.ttl-ag.de
ISIN: DE0007501009
WKN: 750100
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 966539

End of News DGAP News Service

966539  04.02.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 0,01 0,61 1,17 3,19 1,64 2,42 1,29
EBITDA1,2 -0,37 -1,48 -0,81 1,17 0,06 -0,30 -0,26
EBITDA-Marge3 -3.700,00 -242,62 -69,23 36,68 3,66 -12,40
EBIT1,4 -0,37 -1,49 -0,81 1,17 0,05 -0,31 -0,26
EBIT-Marge5 -3.700,00 -244,26 -69,23 36,68 3,05 -12,81 -20,16
Jahresüberschuss1 0,86 4,14 4,81 2,63 1,69 -0,89 -15,05
Netto-Marge6 8.600,00 678,69 411,11 82,45 103,05 -36,78 -1.166,67
Cashflow1,7 -0,39 -0,93 -1,74 -2,56 -1,20 0,08 -2,57
Ergebnis je Aktie8 0,05 0,19 0,22 0,12 0,08 -0,04 -0,61
Dividende8 0,00 0,24 0,20 0,20 0,20 0,20 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
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

Wirtschaftsprüfer: Rödl & Partner

TTL Beteil.- und Grundbesitz-AG
WKN Kurs in € Einschätzung Börsenwert in Mio. €
750100 0,815 Halten 20,04
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 22,03 0,00 -28,10
1,03 - 15,55 -363,88
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
0,20 0,00 0,00 30.08.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.09.2024 - 28.06.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-8,01% -22,38% -35,32% -54,72%
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Immobilien (Gewerbe) , 750100 , TTO , XETR:TTO