EQS-News: Positive developments in Vonovia’s core business with disposals well above target and confident outlook for 2024 financial year
EBT (Adjusted Earnings Before Taxes) from 2024 leading measure of earnings; OFCF (Operating Free Cashflow) as key metric of internal financing.
- EBT (Adjusted Earnings Before Taxes) from 2024 leading measure of earnings; OFCF (Operating Free Cashflow) as key metric of internal financing.
- Expectations for 2024: disposals worth €3 billion, higher investments in energy-efficient modernization and faster expansion of solar panels.
- Bochum, 14 March 2024 - As expected, Vonovia SE’s (“Vonovia”) performance developed robustly in 2023.
- In 2023, Vonovia realised disposals (including joint venture structures) with a volume of around €4 billion – twice as much as the company’s initial target.