EQS-News: HAMBORNER REIT AG: Annual financial statements confirm successful business performance with revenue and earnings growth in 2023 – dividend proposal of €0.48 per share – AGM on 25 April 2024
Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.
- Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.
- Although the 2023 financial year was characterised by a high degree of uncertainty and numerous negative factors, the company successfully continued its business performance, achieving its revenue forecast in full and exceeding its earnings target.
- The company’s financial position also remained comfortable, with a REIT equity ratio of 55.1% and loan-to-value (LTV) of 43.5%.
- At an operating level, the company achieved considerable success in its letting activities in the 2023 financial year.