06.02.2024 Vonovia SE  DE000A1ML7J1

EQS-News: More than 2,400 housing units built: Vonovia completes new construction with a living space of more than 157,000 m²


EQS-News: Vonovia SE / Key word(s): Real Estate
More than 2,400 housing units built: Vonovia completes new construction with a living space of more than 157,000 m² (news with additional features)

06.02.2024 / 14:27 CET/CEST
The issuer is solely responsible for the content of this announcement.

More than 2,400 housing units built: Vonovia completes new construction with a living space of more than 157,000 m²

  • Vonovia completed a total of more than 2,400 housing units during the year 2023.
  • The Bochum-based company expects a similar number of new homes to be completed during the current year.
  • Diverse new construction portfolio in different cities and areas.

Bochum, February 6, 2024 – Vonovia SE (“Vonovia”) completed a total of more than 2,400 housing units over the past year – primarily in Germany, Austria, and Sweden. Despite difficult market conditions, the Bochum-based housing company is thus fulfilling its commitment to complete new construction projects that have already been started. Vonovia also expects to complete the same number of housing units during the current year.

The newly completed 2,400 housing units span a total area of more than 157,000 m² and can be found in various cities and areas. In particular, the development team from the subsidiary BUWOG has built a diverse package of housing units for its own rental portfolio as well as for sale to meet people’s different housing needs.

Despite challenging conditions such as increased construction costs, rapid-ly rising interest rates, and stricter rent regulation, Vonovia’s goal re-mains to provide affordable housing. In this way, the company is con-tributing significantly and actively providing solutions for the tight housing market. For this reason, not only are all construction projects that have already been started being completed as announced, but new projects are also under development up to the point of building law. In this way, the housing company remains flexible and can start building further projects as soon as conditions have improved substantially.

The use of the photo material is free for editorial use. Please cite the source as follows: Von der Waydbrink / Vonovia.
Image caption:
Vonovia completes its construction projects. The Bochum-based housing company created more than 2,400 housing units last year. The photo shows a construction site in Berlin. 

About Vonovia

Vonovia provides a home for over one million people. The housing company is at the center of society, which is why Vonovia’s activities never just have an economic perspective, but always a social one as well. Vonovia is involved in finding answers to the current challenges on the housing market. The company is committed to greater climate protection, increased age-appropriate housing, and good coexistence in neighborhoods. In cooperation with social organizations and the districts, Vonovia supports social and cultural projects that enrich neighborly community life. Customers and their needs are the focus of Vonovia’s activities. On-site property managers and in-house craftsmen take care of tenants' concerns. This customer proximity ensures a fast and reliable service. Vonovia also invests substantially in the maintenance of its buildings and develops housing-related services to improve quality of life.

The Bochum-based company has been listed on the stock exchange since 2013. The shares were included in the DAX in September 2015. Vonovia employs around 15,800 people. Chairman of the Management Board is Rolf Buch.

Additional features:

File: Vonovia completes its new construction projects. Photo Von der Waydbrink

06.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Vonovia SE
Universitätsstraße 133
44803 Bochum
Phone: +49 234 314 1609
Fax: +49 234 314 2995
E-mail: [email protected]
Internet: www.vonovia.de
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1831323

End of News EQS News Service

1831323  06.02.2024 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.391,60 2.708,20 2.910,70 3.147,10 3.623,90 5.151,80 4.874,50
EBITDA1,2 1.319,70 1.554,80 1.760,10 1.909,80 2.254,40 2.763,10 2.583,80
EBITDA-Marge3 55,18 57,41 60,47 60,68 62,21 53,63
EBIT1,4 4.313,60 4.291,30 3.523,50 5.458,40 6.009,60 974,50 -8.752,50
EBIT-Marge5 180,36 158,46 121,05 173,44 165,83 18,92 -179,56
Jahresüberschuss1 2.566,90 2.402,80 1.294,30 3.340,00 2.830,90 -669,40 -6.756,20
Netto-Marge6 107,33 88,72 44,47 106,13 78,12 -12,99 -138,60
Cashflow1,7 946,00 1.132,50 1.555,90 1.430,50 1.823,90 2.084,30 1.901,20
Ergebnis je Aktie8 5,06 4,48 2,15 5,87 4,22 -0,82 -7,80
Dividende8 1,32 1,44 1,57 1,69 1,66 0,85 1,12
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: PricewaterhouseCoopers

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1ML7J 26,980 Halten 22.200,57
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,89 11,74 1,01 12,10
0,89 11,68 4,55 24,66
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,85 0,90 3,34 08.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2024 02.08.2024 06.11.2024 15.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,41% 4,83% -5,47% 45,21%
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