Brief: TAG Immobilien Q1 Total Rental Income Up At EUR 120.1 Mln

TAG Immobilien AG

11/05/2023 06:14

May 11 (Reuters) - TAG IMMOBILIEN AG  TEGG.DE :
    * Q1 TOTAL RENTAL INCOME INCREASED FROM EUR 115.6M TO EUR
120.1M
    * Q1 EBITDA (ADJUSTED) RENTAL BUSINESS AT 59 MILLION
    * Q1 CONSOLIDATED NET PROFIT AT 33.1 MILLION
    * Q1 FFO I PER SHARE AT 0.24 EUR
    * Q1 FFO I AT 42.6 MILLION
    * CONFIRMS FY FORECAST
    * WILL PROPOSE WAIVING THE 2023 DIVIDEND PAYMENT FOR THE
2022
FINANCIAL YEAR IN ORDER TO FURTHER STRENGTHEN THE CAPITAL AND
FINANCING BASE
    * A DECISION ON A DIVIDEND PAYMENT FOR 2023 WILL BE MADE AT
THE
END OF THE YEAR AT THE EARLIEST IN CONJUNCTION WITH THE
FORECASTS FOR 2024

Further company coverage:  TEGG.DE 

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