May 8 (Reuters) - BRANICKS GROUP BRNKn.DE:
FORECAST FOR 2025 CONFIRMED
EBITDA Q1 EUR 30.1 MILLION
Q1 ASSETS UNDER MANAGEMENT AS SUM OF EXISTING PORTFOLIO AND ASSETS MANAGED BY BRANICKS AS PART OF INSTITUTIONAL BUSINESS AMOUNTED TO EUR 11.2 BILLION
Q1 FFO I EARNINGS (AFTER MINORITY INTERESTS, BEFORE TAXES) TO EUR 11.4 MILLION IN Q1 OF 2025 (Q1 2024: EUR 9.0 MILLION)
OPERATING COSTS IN Q1 OF 2025 WERE AROUND 11.5% LOWER THAN IN PREVIOUS YEAR (Q1 2024: EUR 15.6 MILLION)
CONSOLIDATED Q1 NET LOSS EUR -15.3 MILLION
GROSS RENTAL INCOME FROM COMMERCIAL PORTFOLIO DECREASED TO EUR 36.4 MILLION IN Q1 OF 2025 DUE TO SALES (Q1 2024: EUR 44.4 MILLION)
NET RENTAL INCOME TOTALED EUR 32.0 MILLION IN Q1 OF 2025 (Q1 2024: EUR 38.5 MILLION)
Source text: ID:nEQc22Jnma
Further company coverage: [BRNKn.DE]
(Gdansk Newsroom)
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