07.08.2020 PREOS Real Estate AG  DE000A2LQ850

DGAP-Adhoc: PREOS Real Estate AG: PREOS Real Estate AG plans dividend for 2020 and defines long-term dividend policy - Asset portfolio to grow to around EUR 2 billion by the end of 2020


 

DGAP-Ad-hoc: PREOS Real Estate AG / Key word(s): Dividend/Miscellaneous
PREOS Real Estate AG: PREOS Real Estate AG plans dividend for 2020 and defines long-term dividend policy - Asset portfolio to grow to around EUR 2 billion by the end of 2020

07-Aug-2020 / 10:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information pursuant to Article 17 of the Regulation (EU)

PREOS Real Estate AG plans dividend for 2020 and defines long-term dividend policy - Asset portfolio to grow to around EUR 2 billion by the end of 2020

- First dividend payment planned for financial year 2020 by PREOS

- Long-term annual dividend yield of 5 percent targeted

- Asset portfolio to be increased to EUR 2 billion in 2020 and to EUR 8 billion by 2024

- Parent company publity aims to reduce its stake to 25.01 percent for 2023

Leipzig, 07.08.2020 - The Executive Board and Supervisory Board of PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850, m:access) have decided on a long-term dividend policy for the company. Accordingly, the payment of a dividend is to be proposed at the next ordinary Shareholders' Meeting for the first time for the current financial year 2020. The total dividend payout is to amount to up to EUR 100 million. A dividend per share of 5 percent of the weighted average PREOS share price in the three months preceding the Shareholders' Meeting is envisaged. This dividend payout is intended to mark the beginning of continuous distributions to shareholders. The targeted dividend yield is 5 percent of the share price. The start of dividend payments is accompanied by the dynamic growth of PREOS. The company's asset portfolio of currently around EUR 1.5 billion is to be expanded to around EUR 2 billion by the end of 2020. PREOS is currently in the exclusive purchasing phase for office properties with a volume of EUR 0.5 billion. By the end of 2024, the portfolio is planned to be expanded to EUR 8 billion with a focus on large-volume office properties in top locations in metropolitan areas such as Frankfurt, London and Paris. PREOS intends to finance growth in the future by involving strategic investors, including by means of capital market instruments. In conjunction with a corresponding necessary broadening of the shareholder base, PREOS was informed by the parent company publity AG, which currently holds around 86 percent of PREOS, that publity is targeting a 25.01 percent stake in PREOS for 2023.


Information and Explanation of the Issuer to this News:

EXPLANATORY PART

Frederik Mehlitz, CEO of PREOS Real Estate AG says: 'PREOS is to become a high-yield dividend stock. We want to offer our shareholders a dividend yield of 5 percent per year. By doing so, we want them to participate in the success of our company beyond the development of our share price through regular distributions. However, I am convinced that this form of passive income through share holdings reflects the wishes of many investors. Our highly profitable and rapidly growing business enables us to meet this investor demand. The planned increase in the free float over the next three years will also help enhance the attractiveness of the PREOS share for investors'.

Investor & Public Relations

edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone +49(0) 69/905505-52
Mail [email protected]


07-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: PREOS Real Estate AG
Landsteinerstraße 6
04103 Leipzig
Germany
Phone: 0341 261787790
E-mail: [email protected]
Internet: www.preos.de
ISIN: DE000A2LQ850
WKN: A2LQ85
Listed: Regulated Unofficial Market in Frankfurt, Munich
EQS News ID: 1112657

 
End of Announcement DGAP News Service

1112657  07-Aug-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 0,18 0,70 14,39 90,27 139,55 0,00 0,00
EBITDA1,2 2,02 2,90 18,41 97,43 11,27 0,00 0,00
EBITDA-Marge3 1.122,22 414,29 127,94 107,93 8,08 0,00
EBIT1,4 2,02 10,92 106,40 93,88 -11,93 0,00 0,00
EBIT-Marge5 1.122,22 1.560,00 739,40 104,00 -8,55 0,00 0,00
Jahresüberschuss1 1,84 8,25 66,31 83,88 -24,48 0,00 0,00
Netto-Marge6 1.022,22 1.178,57 460,81 92,92 -17,54 0,00 0,00
Cashflow1,7 -1,19 22,48 -9,20 86,68 11,27 0,00 0,00
Ergebnis je Aktie8 0,05 0,09 1,37 0,77 -0,22 -1,87 -0,15
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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: Grant Thornton

INVESTOR-INFORMATIONEN
©boersengefluester.de
PREOS Global Office
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2LQ85 0,075 - 8,51
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 6,90 0,00 -2,50
KBV KCV KUV EV/EBITDA
0,85 0,76 0,06 24,00
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 22.09.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
22.09.2022 30.08.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-25,74% -82,68% -64,46% -96,98%
    
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