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EQS-Ad-hoc: Gateway Real Estate AG / Key word(s): Forecast/Real Estate
Gateway Real Estate AG: Forecast for the fiscal year 2023
24-Apr-2023 / 17:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - 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 2023
Berlin, April 24, 2023. 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 2023.
Due to the challenging market conditions and a significantly reduced transaction speed, in particular as a result of the changed interest rate environment, the Company expects an EBIT adjusted* of EUR 5 to 15 million (fiscal year 2022: EUR 18.4 million based on preliminary and as yet unaudited figures) and earnings before taxes (EBT) of EUR -10 to 0 million (fiscal year 2022: EUR -32.5 million based on preliminary and as yet unaudited figures).
* 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 – 11
F +49 (0) 30 40 363 47 99
E-Mail: sven.annutsch@gateway-re.de
www.gateway-re.de
End of Inside Information
24-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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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: |
info@gateway-re.de |
| Internet: |
www.gateway-re.de |
| ISIN: |
DE000A0JJTG7 |
| WKN: |
A0JJTG |
| Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
1615565 |
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| End of Announcement |
EQS News Service |
1615565 24-Apr-2023 CET/CEST
