From Ulrike duration
After the second quarter, Dow Jones–Leg Immobilien is more optimistic about the operational profit target. As the MDAX group announced, he now wants to achieve the upper half of the target corridor and thus a range of 215 to 225 million euros at the adjusted operational profit FFO, which the company calls AFFO. The EBITDA margin should also reach 77 percent instead of 76.
In the second quarter, Leg increased the profit and rewritten the black in the bottom line, he benefited from moderately higher rental income and further stabilizing ratings of the real estate portfolio
From April to June, the Düsseldorf real estate company increased the adjusted operational profit FFO (Affo) to 64.3 million euros from 61.1 million in the previous year.
The Affo was 0.86 euros per share after 0.82 euros in the previous year.
The net rent rose 7 percent to 228 million euros.
After taxes, LEG 204.9 million euros deserved with a loss of 143 million euros a year earlier.
Contact with the author: [email protected]; @Ulrikedauer_
DJG/UXD/BRB
(End) Dow Jones Newswires
August 07, 2025 01:12 ET (05:12 GMT)
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