14.11.2019 PATRIZIA AG  DE000PAT1AG3

DGAP-News: PATRIZIA AG: PATRIZIA Capital Markets Day confirms strong positioning and outlook


DGAP-News: PATRIZIA AG / Key word(s): Strategic Company Decision/Conference
PATRIZIA AG: PATRIZIA Capital Markets Day confirms strong positioning and outlook
14.11.2019 / 10:53
The issuer is solely responsible for the content of this announcement.

Growth in client demand drives "Strategy 2023" over the next 3 - 5 years

PATRIZIA Capital Markets Day confirms strong positioning and outlook

Real assets investment management remains a structural growth market

- PATRIZIA continues to broaden product offering and pan-European footprint

- Client demand to drive further growth in Assets under Management

- Growth in recurring management fees to further strengthen quality of income

Frankfurt am Main, 14 November 2019. PATRIZIA AG, the global partner for pan-European real estate investment, today confirmed its leading positioning in real estate investment management during its Capital Markets Day.

The management of PATRIZIA also provided details on major structural growth drivers and gave a mid-term outlook on financials for the next 3 - 5 years.

Demographic change, lower for longer interest rates and consolidation among investment managers will lead to continued high capital inflows to real asset managers with a truly pan-European platform and broad product offering. Continued international client demand will drive growth of the industry.

PATRIZIA sees itself at the forefront of market changes in this structural growth market. Innovation and digitalization will drive market change and offer ample opportunities for client services and platform efficiency. PATRIZIA will further strengthen its pan-European footprint based on local expertise with broadening its product offering into real assets (infrastructure) and real estate debt mid-term.

CEO Wolfgang Egger comments: "We have built up a strong platform with a convincing track record over the past 35 years. We have a clear strategy on how to further develop PATRIZIA in a structural growth market - it will benefit both our national and international clients as well as our shareholders."

PATRIZIA's Strategy 2023 and client demand should lead to organic growth of Assets under management (AUM) of between 8.0% - 10.0% p.a. in the next 3 - 5 years on average. To enlarge its product range selective M&A could lead to a total annual growth of c15.0% p.a.

CFO Karim Bohn adds: "Our Strategy 2023 should lead to a higher share of recurring management fees, further increasing the quality of our earnings while improving efficiency at the same time. Being a reliable partner with a strong balance sheet and sufficient liquidity to take market opportunities will also remain a key part of our strategy."

PATRIZIA today also released its 9M 2019 financial results and confirmed its guidance for operating income of between EUR 120.0 - 130.0m for the financial year 2019.

All Capital Markets Day presentation slides will be made available in the shareholder section of PATRIZIA's website: https://www.patrizia.ag/en/shareholders/

PATRIZIA AG has been active as an investment manager in the real estate market across Europe for more than 35 years. PATRIZIA's activities include the acquisition, management, repositioning and sale of residential and commercial real estate through its own licensed investment platforms. As a global partner for pan-European real estate investment, PATRIZIA operates as a respected business partner of large institutional investors and retail investors in all major European countries. PATRIZIA manages more than EUR 42 billion of real estate assets, primarily as an investment manager for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks and as co-investor. For further information, please visit: www.patrizia.ag.

Martin Praum
Head of Investor Relations
Phone: +49 (0) 821 50910-402
[email protected]

14.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Fuggerstraße 26
86150 Augsburg
Phone: +49 (0)821 - 509 10-000
Fax: +49 (0)821 - 509 10-999
E-mail: [email protected]
Internet: www.patrizia.ag
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 911969

End of News DGAP News Service

911969  14.11.2019 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 384,86 817,88 249,57 350,63 398,70 301,69 0,00
EBITDA1,2 175,08 328,11 95,79 120,78 136,92 115,69 0,00
EBITDA-Marge3 45,49 40,12 38,38 34,45 34,34 38,35 0,00
EBIT1,4 168,02 321,98 87,11 78,55 81,36 73,38 130,00
EBIT-Marge5 43,66 39,37 34,90 22,40 20,41 24,32 0,00
Jahresüberschuss1 134,46 256,26 58,90 58,12 56,35 40,68 0,00
Netto-Marge6 34,94 31,33 23,60 16,58 14,13 13,48 0,00
Cashflow1,7 90,41 503,38 17,20 -53,35 56,62 82,87 0,00
Ergebnis je Aktie8 1,45 2,83 0,60 0,57 0,58 0,42 0,90
Dividende8 0,00 0,00 0,25 0,27 0,29 0,30 0,33
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

WKN Kurs in € Einschätzung Börsenwert in Mio. €
PAT1AG 21,750 Halten 2.008,64
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
20,52 21,58 0,94 25,17
1,66 24,24 6,66 16,30
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,29 0,30 1,38 14.10.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 05.08.2021 11.11.2021 18.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,76% -5,73% -17,14% -5,84%
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Immobilien (Wohn) , PAT1AG , PAT , XETR:PAT