30.11.2021 Gateway Real Estate AG  DE000A0JJTG7

DGAP-News: Gateway Real Estate AG achieves an EBIT adjusted of EUR 51.6 million in the first nine months 2021


 

DGAP-News: Gateway Real Estate AG / Key word(s): 9 Month figures/Real Estate
Gateway Real Estate AG achieves an EBIT adjusted of EUR 51.6 million in the first nine months 2021

30.11.2021 / 07:00
The issuer is solely responsible for the content of this announcement.


Gateway Real Estate AG achieves an EBIT adjusted of EUR 51.6 million in the first nine months 2021

- EBIT adjusted reached EUR 51.6 million in 9M 2021

- Earnings before taxes (EBT) amounted to EUR 31.3 million in the first nine months 2021

Berlin, 30 November 2021. Gateway Real Estate AG (WKN A0JJTG / ISIN DE000A0JJTG7), one of the leading listed developers of residential real estate and urban quarters using resource-saving wooden construction method, today published the financial statements for the first nine months 2021.

The company generated an EBIT adjusted of EUR 51.6 million (9M 2020: EUR 32.2 million) and earnings before taxes (EBT) amounted to EUR 31.3 million (9M 2020: EUR 12.9 million) in the first nine months 2021. Among other things, earnings were impacted by the successful sale of the activities in the Commercial Properties Development segment in the first quarter 2021.

The gross development volume (GDV) amounts to more than €6 billion including the additional attractive pipeline.

Tobias Meibom, CFO of Gateway Real Estate AG, comments: "The figures of the first nine months 2021 demonstrate our company's good positioning. Thanks to the acquisitions of the urban quarter developments this year, we believe we are also well positioned for the future. We confirm our full-year guidance of an EBIT adjusted of EUR 95 to 110 million and earnings before taxes (EBT) of EUR 70 to 80 million." Stefan Witjes, COO of Gateway Real Estate AG, adds: "The coalition agreement concluded shows that political and social pressure on the housing industry and construction companies to operate sustainably is growing. Gateway Real Estate AG is convinced that resource-efficient and climate-neutral real estate developments using the low-emission wooden construction method, as well as the establishment of affordable housing, hold the key to successfully mastering the complex challenges currently faced by our industry, while constantly creating value and shaping the future in a responsible manner.

About Gateway Real Estate

Gateway Real Estate AG is one of the leading listed developers of residential real estate and urban quarters in Germany, using resource-saving wooden construction method (WKN A0JJTG / ISIN DE000A0JJTG7). The focus of real estate development activities is on sustainability and responsible use of resources. The company has a portfolio in Germany's Top 9 cities and in selected high-growth regions, excellent market access and a well-filled project pipeline. This way, the company achieves sustainable and profitable growth.

Further information: https://gateway-re.de/en/

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]



30.11.2021 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: Gateway Real Estate AG
Hardenbergstraße 28a
10623 Berlin
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: 1252702

 
End of News DGAP News Service

1252702  30.11.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 6,85 6,94 18,57 94,44 55,52 0,00 0,00
EBITDA1,2 9,10 16,02 57,01 149,56 139,54 0,00 0,00
EBITDA-Marge3 132,85 230,84 307,00 158,37 251,33 0,00 0,00
EBIT1,4 9,07 15,97 56,88 148,98 138,68 0,00 0,00
EBIT-Marge5 132,41 230,12 306,30 157,75 249,78 0,00 0,00
Jahresüberschuss1 6,28 6,94 33,25 126,98 89,78 0,00 0,00
Netto-Marge6 91,68 100,00 179,05 134,46 161,71 0,00 0,00
Cashflow1,7 0,95 -104,61 -64,49 -216,21 -91,16 0,00 0,00
Ergebnis je Aktie8 0,04 0,04 0,20 0,69 0,48 0,22 0,25
Dividende8 0,00 0,00 0,00 0,30 0,00 0,20 0,20
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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

SWB:​GTY Charts by TradingView (c)


INVESTOR-INFORMATIONEN
©boersengefluester.de
Gateway Real Estate
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JJTG 3,600 Halten 672,35
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,00 13,05 1,15 19,57
KBV KCV KUV EV/EBITDA
1,71 - 12,11 8,80
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,20 5,56 25.08.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2021 30.09.2021 30.11.2021 30.04.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
19,84% 23,58% -10,67% 28,57%
    
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