Germany's LEG Immobilien narrows quarterly loss, raises outlook

LEG Immobilien SE

09/08/2024 06:00

DUESSELDORF, Aug 9 (Reuters) - LEG Immobilien  LEGn.DE ,
one of Germany's largest listed landlords, posted a narrower
loss in second-quarter profit compared with a year earlier after
writing down the value of its properties by 1.6%, figures on
Friday showed.
    The company said that it was nevertheless raising its
full-year earnings forecast.
    Its loss of 143.3 million euros for the quarter compared
with a loss of 1.12 billion euros a year earlier.
    

 (Reporting by Matthias Inverardi; writing by Tom Sims; editing
by Miranda Murray)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))