26.04.2021 Gateway Real Estate AG  DE000A0JJTG7

DGAP-Adhoc: Gateway Real Estate AG: Forecast for the fiscal year 2021 and announcement of the proposal for the appropriation of profits for the Annual General Meeting 2021


 

DGAP-Ad-hoc: Gateway Real Estate AG / Key word(s): Forecast/Dividend
Gateway Real Estate AG: Forecast for the fiscal year 2021 and announcement of the proposal for the appropriation of profits for the Annual General Meeting 2021

26-Apr-2021 / 18:56 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 2021 and announcement of the proposal for the appropriation of profits for the Annual General Meeting 2021

Berlin, April 26, 2021. 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 2021 and decided on the proposal for the appropriation of the net retained profits generated in the fiscal year 2020.

The Covid-19 pandemic continues to define the current situation and with the new Infection Protection Act and the federal emergency brake contained therein, influences on the business remain difficult to predict.

The company expects for the fiscal year 2021 EBIT adjusted* of EUR 95 to 110 million (forecast for the fiscal year 2020: more than EUR 137 million) and earnings before taxes (EBT) of EUR 70 to 80 million (forecast for the fiscal year 2020: more than EUR 110 million).

Decisive for the business development are the sale of the entire commercial property portfolio in the first quarter of 2021 as well as future planned sales in the course of forward sale transactions in the residential property development segment.

Considering this forecast and the extended corporate strategy communicated in October 2020, as a result of their discussions, the Management Board and the Supervisory Board have decided to propose to the Annual General Meeting to refrain from a dividend payment this year. Instead, the net retained earnings shall be invested in the further growth of the company.

The company will publish its annual report for fiscal year 2020 on April 30, 2021.

* 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]


26-Apr-2021 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
Hardenbergstr. 28a
10623 Frankfurt/Main
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: 1188355

 
End of Announcement DGAP News Service

1188355  26-Apr-2021 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1188355&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 6,94 18,57 94,44 55,52 22,38 10,33 0,00
EBITDA1,2 16,02 57,01 149,56 139,54 38,45 34,22 0,00
EBITDA-Marge3 230,84 307,00 158,37 251,33 171,81 331,27
EBIT1,4 15,97 56,88 148,98 138,68 105,28 18,38 -37,00
EBIT-Marge5 230,12 306,30 157,75 249,78 470,42 177,93 0,00
Jahresüberschuss1 6,94 33,25 126,98 89,78 54,70 -31,67 -8,00
Netto-Marge6 100,00 179,05 134,46 161,71 244,42 -306,58 0,00
Cashflow1,7 -104,61 -64,49 -216,21 -91,16 -91,19 -135,40 0,00
Ergebnis je Aktie8 0,04 0,20 0,69 0,48 0,27 -0,17 -0,35
Dividende8 0,00 0,00 0,30 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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

INVESTOR-INFORMATIONEN
©boersengefluester.de
Gateway Real Estate
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JJTG 0,795 - 148,48
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,36 11,86 0,96 5,64
KBV KCV KUV EV/EBITDA
0,46 - 14,37 30,24
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 30.08.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2024 30.09.2024 30.11.2023 30.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-1,61% -50,47% 17,78% -73,85%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Gateway Real Estate AG  ISIN: DE000A0JJTG7 können Sie bei EQS abrufen


Immobilien (Gewerbe) , A0JJTG , GTY , SWB:​GTY