DGAP-Adhoc: Gateway Real Estate AG: Forecast for the fiscal year 2022
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DGAP-Ad-hoc: Gateway Real Estate AG / Key word(s): Forecast/Real Estate
Gateway Real Estate AG: Forecast for the fiscal year 2022
21-March-2022 / 13:27 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 2022
Berlin, March 21, 2022. 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 2022.
The company expects for the fiscal year 2022 EBIT adjusted* of EUR 125 to 140 million (forecast for the fiscal year 2021: EUR 95 to 110 million) and earnings before taxes (EBT) of EUR 70 to 85 million (forecast for the fiscal year 2021: EUR 70 to 80 million).
Decisive for the business development are future planned sales in the course of forward sale transactions in the residential property development segment.
* 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]
21-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
Gateway Real Estate AG |
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Hardenbergstraße 28a |
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10623 Berlin |
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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: |
1307707 |
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| End of Announcement |
DGAP News Service |
1307707 21-March-2022 CET/CEST
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Gateway Real Estate AG DE000A0JJTG7