XM does not provide services to residents of the United States of America.

LEG Immobilien Raises Its Outlook For AFFO



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BRIEF-LEG Immobilien Raises Its Outlook For AFFO</title></head><body>

Aug 9 (Reuters) -LEG IMMOBILIEN SE LEGn.DE:

  • AFFO AMOUNTED TO EUR 109.7 MILLION IN THE FIRST HALF OF THE YEAR (H1-2023: 118.6 MILLION EUROS)

  • Q2 EBITDA AT EUR -146.8 MLN

  • Q2 EBT AT EUR 188.7 MLN

  • Q2 FFO I AT EUR 119.1 MLN

  • Q2 FFO II AT EUR 118.6 MLN

  • Q2 AFFO AT MLN 61.1 EUR

  • Q2 AFFO PER SHARE AT EUR 0.82

  • RAISES ITS FORECAST FOR AFFO TO EUR 190 TO 210 MILLION (PREVIOUS RANGE OF EUR 180 TO 200 MILLION)

  • OUTLOOK: THIS CORRESPONDS TO EARNINGS GROWTH OF AROUND 10% COMPARED TO THE AFFO PER SHARE ACHIEVED IN THE 2023 FINANCIAL YEAR


Further company coverage: [LEGn.DE]


(Gdansk Newsroom)

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.