EQS-Adhoc: TAG Immobilien AG: Net income from sales in Poland and FFO II significantly exceed guidance for FY 2024
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EQS-Ad-hoc: TAG Immobilien AG / Key word(s): Preliminary Results Net income from sales in Poland and FFO II significantly exceed guidance for FY 2024 Hamburg, 25 February 2025 Based on preliminary and unaudited results, the following guidance was significantly exceeded in the 2024 financial year:
The increased adjusted net income from sales in Poland was mainly due to higher selling prices and the therefore better than expected gross profit margins of residential units handed over. In addition, the net income benefitted from the sale of undeveloped land and from increased interest income from loans to joint ventures as well as from short-term cash investments. As a result of the higher than expected adjusted net income from sales in Poland of EUR 66.2m (previous year: EUR 82.8m), FFO II, which also includes the rental result FFO I of EUR 175.1m (previous year: EUR 171.7m) and the net income from sales in Germany of EUR -1.9m (previous year: EUR 1.1m), increased to EUR 239.4m (previous year: EUR 255.6m). Further information on the 2024 financial year can be found in a press release that will also be published today. The final, audited results will be published as planned with the annual report for the 2024 financial year, on 25 March 2025. The definition of the adjusted net income from sales in Poland and FFO II can be found in the Q3 2024 interim statement, on pages 19 and 20.
Contact: TAG Immobilien AG Head of Investor&Public Relations Dominique Mann Tel. +49 (0) 40 380 32 - 305 ir@tag-ag.com End of Inside Information
25-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | TAG Immobilien AG |
| Steckelhörn 5 | |
| 20457 Hamburg | |
| Germany | |
| Phone: | 040 380 32 0 |
| Fax: | 040 380 32 388 |
| E-mail: | ir@tag-ag.com |
| Internet: | https://www.tag-ag.com |
| ISIN: | DE0008303504 |
| WKN: | 830350 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2091427 |
| End of Announcement | EQS News Service |
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2091427 25-Feb-2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 405,51 | 426,39 | 436,90 | 453,87 | 462,29 | 473,02 | 0,00 | |
| EBITDA1,2 | 214,70 | 222,30 | 226,10 | 233,50 | 236,40 | 238,50 | 0,00 | |
| EBITDA-Margin3 | 52,95 | 52,14 | 51,75 | 51,45 | 51,14 | 50,42 | 0,00 | |
| EBIT1,4 | 626,92 | 583,25 | 761,36 | 176,83 | 423,48 | 165,31 | 0,00 | |
| EBIT-Margin5 | 154,60 | 136,79 | 174,26 | 0,00 | 91,61 | 34,95 | 0,00 | |
| Net Profit (Loss)1 | 456,37 | 402,62 | 585,60 | 117,28 | -410,94 | 122,08 | 0,00 | |
| Net-Margin6 | 112,54 | 94,43 | 134,04 | 25,84 | -88,89 | 25,81 | 0,00 | |
| Cashflow1,7 | 154,41 | 253,99 | 164,03 | 133,56 | 291,94 | 142,03 | 177,00 | |
| Earnings per share8 | 2,90 | 2,47 | 3,17 | 0,63 | -2,26 | 0,65 | 1,36 | |
| Dividend per share8 | 0,82 | 0,88 | 0,93 | 0,00 | 0,00 | 0,40 | 0,52 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| TAG Immobilien | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 830350 | DE0008303504 | AG | 2.504,71 Mio € | 14.12.2000 | 9F5FGXWV+79 | |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 14,72 | 10,00 | 1,47 | 8,89 | 0,74 | 17,64 | 5,30 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,00 | 0,40 | 0,52 | 3,92% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 20.05.2026 | 12.05.2026 | 11.08.2026 | 11.11.2025 | 18.03.2026 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -7,78% | -7,09% | -7,73% | -11,49% | +32,50% |
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