Brief: Aareal Bank FY Operating Profit Up At EUR 155 Mln

Aareal Bank AG

24/02/2022 06:08

Feb 24 (Reuters) - AAREAL BANK AG  ARLG.DE :
    * POSTS MARKED INCREASE IN PROFITS FOR THE FINANCIAL YEAR
2021,
SETTING ITSELF NEW GROWTH TARGETS
    * FY OPERATING PROFIT ROSE 17 PERCENT TO 155 MILLION EUR
    * TOTAL DIVIDENDS OF EUR 1.60 PER SHARE TO BE PROPOSED FOR
DISTRIBUTION TO SHAREHOLDERS, OF WHICH EUR 0.50 FOR FINANCIAL
YEAR 2021
    * CONSOLIDATED OPERATING PROFIT OF EUR 155 MILLION IN 2021 -
NET
INTEREST INCOME UP 17 PER CENT, LOSS ALLOWANCE FALLS
SIGNIFICANTLY
    * CONSOLIDATED OPERATING PROFIT TO RISE TO UP TO EUR 350
MILLION
BY 2024, WITH A MARKED INCREASE ANTICIPATED ALREADY IN 2022

Source text for Eikon:  ID:nEQ5RLrDca 
Further company coverage:  ARLG.DE 

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