26.06.2020 PATRIZIA AG  DE000PAT1AG3

DGAP-News: PATRIZIA AG: PATRIZIA publishes in advance the speeches of the Management Board for the Annual General Meeting 2020


DGAP-News: PATRIZIA AG / Key word(s): AGM/EGM
PATRIZIA AG: PATRIZIA publishes in advance the speeches of the Management Board for the Annual General Meeting 2020

26.06.2020 / 14:05
The issuer is solely responsible for the content of this announcement.

PATRIZIA publishes in advance the speeches of the Management Board for the Annual General Meeting 2020

  • The speeches for the virtual Annual General Meeting on 1 July 2020 will be made available in advance to enable active dialogue with the Company's shareholders even in times of the corona pandemic
  • Management Board confirms PATRIZIA's positioning as a stable and reliable partner
  • PATRIZIA develops a new vision and aims to become a leading partner for global real assets

Due to the ongoing corona pandemic, PATRIZIA AG will hold its Annual General Meeting on July 1, 2020 in virtual form and without the physical presence of shareholders or their representatives. In order to ensure the best possible dialogue with shareholders, PATRIZIA will publish the speeches of CEO Wolfgang Egger and CFO Karim Bohn in advance on the company's Annual General Meeting website on the Internet. This also allows shareholders to ask questions relating to the speeches via the company's AGM portal.

The texts of the speeches and details on the conduct of the virtual Annual General Meeting are available at the following address: https://www.patrizia.ag/en/shareholders/annual-general-meetings/2020/

In his speech Wolfgang Egger describes PATRIZIA's "Strategy 2023" published in 2019, which will be based on the four pillars "Simplification", "Services", "Scope" and "Stability". In addition, PATRIZIA AG has set itself the goal of using its expertise beyond the real estate spectrum and becoming the leading partner for global real assets. The company's new vision also stands for this: "PATRIZIA: A leading partner for global real assets".

In addition to organic and inorganic growth, social responsibility will remain an essential part of PATRIZIA's DNA. For this reason, the PATRIZIA Children Foundation has created the "Corona Fund Education Healthcare" to prevent the Corona pandemic from developing into an even more serious educational and social crisis for children in need.

Karim Bohn confirms in his speech that PATRIZIA is and will remain a strong and reliable partner for all stakeholders. The proposal to pay a dividend of EUR 0.29 per dividend-bearing share is therefore reaffirmed. The basis for this is provided by the growth in management fees and assets under management in 2019. At the end of 2019, the company had freely available liquidity of EUR 607.0 million and is therefore well positioned to overcome the current crisis and emerge from it stronger. The forecast for the operating income 2020 remains unchanged at EUR 100.0 - 140.0 million.

PATRIZIA AG has been active as an investment manager in the real estate market across Europe for 36 years. PATRIZIA's activities include the acquisition, management, repositioning and disposal of residential and commercial real estate through its best-in-class local network in all key markets. As a global partner for pan-European real estate investment, PATRIZIA operates as a trusted and independent business partner of large institutional, (semi-)professional and private investors in all major European countries. PATRIZIA manages more than EUR 45 billion of real estate and infrastructure assets, primarily as an investment manager for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks. PATRIZIA is committed to responsible investments and positive social impact. The PATRIZIA Children Foundation has helped over 220,000 children in need worldwide for over 20 years, giving them access to education and greater opportunities to lead better lives. For further information, please visit: www.patrizia.ag

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

26.06.2020 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: 1080055

End of News DGAP News Service

1080055  26.06.2020 


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 21,650 Halten 1.999,41
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
20,42 21,57 0,95 25,06
1,65 24,13 6,63 16,22
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,29 0,30 1,39 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
-3,28% -6,16% -17,52% -7,08%
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Immobilien (Wohn) , PAT1AG , PAT , XETR:PAT