17.05.2021 Aareal Bank AG  DE0005408116

DGAP-News: Aareal Bank reduces size of its Management Board


 

DGAP-News: Aareal Bank AG / Key word(s): Miscellaneous
Aareal Bank reduces size of its Management Board

17.05.2021 / 10:13
The issuer is solely responsible for the content of this announcement.


Aareal Bank reduces size of its Management Board

- Chief Risk Officer and Chief Lending Officer areas of responsibility to be merged

- Management Board member Dagmar Knopek to retire

Wiesbaden, 17 May 2021 - Following coordination with the supervisory authorities, the Supervisory Board of Aareal Bank AG resolved to reduce the size of the Management Board by merging two areas of responsibility. Effective 1 June 2021, the Management Board areas of responsibility Chief Lending Officer and Chief Risk Officer will be merged to form the Chief Risk Office (CRO). Christiane Kunisch-Wolff, currently Chief Risk Officer, will be responsible for the newly-established area of responsibility. Dagmar Knopek, who has been a member of the Management Board since 2013, and who was responsible to date in her capacity as Chief Lending Officer for Credit Management, Operations and the Workout portfolio, will - at her own request - not be renewing her contract, which expires on 31 May 2021, and intends to retire.

Aareal Bank had already communicated that the Supervisory Board has concerned itself with the size and composition of the Management Board.

Marija Korsch, Chairman of the Supervisory Board, commented: "By merging two hitherto separate areas of responsibility, we are using the opportunity available to streamline the Management Board, and to optimise its composition in the wake of changed regulatory requirements." Ms Korsch went on to comment on Dagmar Knopek's retirement: "On behalf of the entire Supervisory Board, I would like to already express our thanks to Dagmar Knopek for her outstanding commitment and valuable contributions to the development of Aareal Bank over the past years. Thanks to her strong expertise, she has ensured the high quality of our credit portfolio for many years - a safeguard which also benefited the Bank during the coronavirus pandemic. We wish Ms Knopek all the very best for the future."
 

Contacts
Christian Feldbrügge
Phone: +49 611 348 2280
[email protected]

Anja Käfer-Rohrbach
Phone: +49 611 348 2298
[email protected]

About Aareal Bank Group:
Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart financings, software products, and digital solutions for the property sector and related industries, and is present across three continents: Europe, North America and Asia/Pacific. Aareal Bank AG, whose shares are included in Deutsche Börse's SDAX index, is the Group's parent entity. It manages the various entities organised in the Group's business segments: Structured Property Financing, Banking & Digital Solutions, and Aareon. The Structured Property Financing segment encompasses all of Aareal Bank Group's property financing and funding activities. Here, the Bank supports its clients in making large-volume commercial property investments. The investment properties mostly comprise office buildings, hotels, shopping centres, logistics and residential property, as well as student apartments. In the Banking & Digital Solutions segment, Aareal Bank Group supports businesses from the housing, property management and energy industries as a digitalisation partner - combining extensive advisory services and product solutions with traditional corporate banking services and deposit-taking. Its subsidiary Aareon, the leading supplier of ERP software and digital solutions for the European property sector and its partners, represents the third business segment. Aareon offers reliable, pioneering solutions in the fields of consulting, software and services to optimise IT-supported business processes, and to extend business models. The Aareon Smart World digital platform links businesses from the housing industry and related sectors with customers, staff and business partners, as well as connecting technical devices in apartments and buildings.



17.05.2021 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
Company: Aareal Bank AG
Paulinenstr. 15
65189 Wiesbaden
Germany
Phone: +49 (0)611 348 - 0
Fax: +49 (0)611 348 - 2332
E-mail: [email protected]
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID: 1196977

 
End of News DGAP News Service

1196977  17.05.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 1.010,00 943,00 928,00 775,00 764,00 1.118,00 0,00
EBITDA1,2 470,00 366,00 328,00 316,00 248,00 -75,00 0,00
EBITDA-Marge3 46,53 38,81 35,34 40,77 32,46 -6,71 0,00
EBIT1,4 470,00 366,00 328,00 316,00 248,00 -75,00 0,00
EBIT-Marge5 46,53 38,81 35,34 40,77 32,46 -6,71 0,00
Jahresüberschuss1 374,00 234,00 213,00 226,00 163,00 -69,00 0,00
Netto-Marge6 37,03 24,81 22,95 29,16 21,34 -6,17 0,00
Cashflow1,7 -537,00 -210,00 -80,00 -294,00 485,00 3.009,00 0,00
Ergebnis je Aktie8 5,66 3,33 3,20 3,48 2,42 -1,50 0,87
Dividende8 1,65 2,00 2,50 2,10 0,00 1,50 0,75
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: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Aareal Bank
WKN Kurs in € Einschätzung Börsenwert in Mio. €
540811 20,580 Halten 1.231,86
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,81 11,35 1,30 7,82
KBV KCV KUV EV/EBITDA
0,44 0,41 1,10 -16,42
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 1,50 7,29 18.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2021 12.08.2021 11.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,12% -0,34% 5,27% 17,60%
    
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Banken , 540811 , ARL , XETR:ARL