Aroundtown SA

Aroundtown SA decides not to exercise its option to voluntarily call EUR 400 million 2.125% Perpetual Notes with a first call date in January 2024

Retrieved on: 
Thursday, December 28, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • This decision is based on the current prevailing market conditions.
  • AT has the option to call the Perpetuals at or around every future interest payment date.
  • The Perpetuals will continue to be accounted as 100% equity under IFRS and for the calculation of financial covenants of AT’s senior bonds.

EQS-News: Aroundtown SA announces 9M 2023 results with solid operations

Retrieved on: 
Thursday, December 14, 2023

Adjusted EBITDA of €748 million in 9M 2023, 1% lower compared to €758 million in 9M 2022.

Key Points: 
  • Adjusted EBITDA of €748 million in 9M 2023, 1% lower compared to €758 million in 9M 2022.
  • FFO I of €255 million and €0.23 per share in 9M 2023, lower compared to €275 million and €0.25 per share in 9M 2022.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the first nine months of 2023 in line with full year guidance.
  • In 9M 2023, FFO I totaled €255 million representing €0.23 per share, lower compared to €275 million and €0.25 per share in 9M 2022.

EQS-News: Aroundtown SA decides not to exercise its option to voluntarily call EUR 400 million 2.125% Perpetual Notes with a first call date in January 2024

Retrieved on: 
Wednesday, December 13, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • This decision is based on the current prevailing market conditions.
  • AT has the option to call the Perpetuals at or around every future interest payment date.
  • The Perpetuals will continue to be accounted as 100% equity under IFRS and for the calculation of financial covenants of AT’s senior bonds.

EQS-News: Aroundtown SA announces H1 2023 results with continued measures to strengthen the balance sheet

Retrieved on: 
Wednesday, August 30, 2023

Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.

Key Points: 
  • Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.
  • FFO I amounting to €175 million for H1 2023 and €0.16 per share, both down 6% YOY.
  • Following external valuation of the full portfolio in H1 2023, the like-for-like value declined by 6% and amounted to €1.7 billion.
  • De-leveraging measures maintained LTV at 41% in June 2023, slightly up from 40% in December 2022, despite portfolio value decline.

Aroundtown SA announces H1 2023 results with continued measures to strengthen the balance sheet

Retrieved on: 
Wednesday, August 30, 2023

Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.

Key Points: 
  • Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.
  • FFO I amounting to €175 million for H1 2023 and €0.16 per share, both down 6% YOY.
  • Following external valuation of the full portfolio in H1 2023, the like-for-like value declined by 6% and amounted to €1.7 billion.
  • De-leveraging measures maintained LTV at 41% in June 2023, slightly up from 40% in December 2022, despite portfolio value decline.

Aroundtown SA announces publication of convening notice for the July 2023 Extraordinary General Meeting

Retrieved on: 
Saturday, July 8, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS
    Aroundtown SA ("Aroundtown") announces today the publication of the convening notice and related materials for the extraordinary general meeting (“EGM”) to be held on 26 July 2023.

EQS-News: Aroundtown SA announces publication of convening notice for the July 2023 Extraordinary General Meeting

Retrieved on: 
Saturday, July 8, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS
    Aroundtown SA ("Aroundtown") announces today the publication of the convening notice and related materials for the extraordinary general meeting (“EGM”) to be held on 26 July 2023.

Aroundtown SA decides not to exercise its option to call USD 700 million 5.250 % Perpetual Notes with a call date in July 2023

Retrieved on: 
Thursday, June 15, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • This decision is based on the current prevailing market conditions.
  • Aroundtown has the option to call the Perpetuals at or around every future interest payment date.
  • The Perpetuals will continue to be accounted as 100% equity under IFRS and for the calculation of financial covenants of Aroundtown’s senior bonds.

EQS-News: Aroundtown SA decides not to exercise its option to call USD 700 million 5.250 % Perpetual Notes with a call date in July 2023

Retrieved on: 
Thursday, June 15, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • This decision is based on the current prevailing market conditions.
  • Aroundtown has the option to call the Perpetuals at or around every future interest payment date.
  • The Perpetuals will continue to be accounted as 100% equity under IFRS and for the calculation of financial covenants of Aroundtown’s senior bonds.

EQS-News: Aroundtown SA announces Q1 2023 results in line with guidance

Retrieved on: 
Thursday, June 1, 2023

Net rental income of €297 million in Q1 2023 as compared to €309 million in Q1 2022 as a result of high disposal volume.

Key Points: 
  • Net rental income of €297 million in Q1 2023 as compared to €309 million in Q1 2022 as a result of high disposal volume.
  • Conservative financial profile maintained, with LTV of 40% and equity ratio of 48% as of March 2023 and strong ICR of 4.8x in Q1 2023.
  • Q1 2023 results were ahead of the FY 2023 guidance as the next quarters are expected to show higher financing costs as well as higher attributions to the perpetual notes.
  • You can find the Interim Consolidated Report for Q1 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link: