Aroundtown SA

Aroundtown SA announces Q1 2022 results with continued capital recycling generating long term shareholder value

Retrieved on: 
Wednesday, May 25, 2022

- FFO I totaled 89.3 million for Q1 2022, increasing 3% year-over-year.

Key Points: 
  • - FFO I totaled 89.3 million for Q1 2022, increasing 3% year-over-year.
  • - Net Profit in Q1 2022 of 125 million with a basic EPS of 0.06.
  • Aroundtown (the Company or AT) presents the results for the first quarter of 2022.
  • Aroundtown invests in income generating quality properties with value-add potential in central locations in top tier European cities mainly in Germany/NL.

DGAP-News: Aroundtown SA announces Q1 2022 results with continued capital recycling generating long term shareholder value

Retrieved on: 
Wednesday, May 25, 2022

- FFO I totaled 89.3 million for Q1 2022, increasing 3% year-over-year.

Key Points: 
  • - FFO I totaled 89.3 million for Q1 2022, increasing 3% year-over-year.
  • - Net Profit in Q1 2022 of 125 million with a basic EPS of 0.06.
  • As a result, maintained a long average debt maturity of 5.7 years and a low cost of debt of 1.2%.
  • Aroundtown invests in income generating quality properties with value-add potential in central locations in top tier European cities mainly in Germany/NL.