Deutsche Wohen:Quarterly Results/2022 Q4: Difference between revisions

Deutsche Wohen:Quarterly Results/2022 Q4 (view source)

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-== Results[edit | edit source] ==
+== Results<ref>https://www.eqs-news.com/news/corporate/deutsche-wohnen-se-stable-performance-in-the-financial-year-2022/1781345</ref> ==
-To add after earnings.
+Deutsche Wohnen 2022 Adjusted EBITDA declined 3.4% to €701.8 million from  €726.8 million in 2021 but above the management guidance of EUR 640 million(-11.9%).
+Rental revenue declined 8.1% year-on-year to €767.1 million due to smaller residential portfolio compared to the prior year(it sold some properties to the city of Berlin).
+Its LTV dropped to 28.1% from 28.4% in 2021.
+The company said it will propose a dividend of €0.04 per share for 2022.
+"Deutsche Wohnen expects a slight decline of the Adjusted EBITDA Total as well as the Group FFO. Furthermore, an increase in the company value and a small increase in the NAV per share are expected, disregarding any further market related changes in value. " The earnings press release noted
+{| class="wikitable"
+|+
+!Key Items
+!2022
+!Y/Y growth
+|-
+|Adjusted EBITDA
+|€701.8 m
+| -3.4%
+|-
+|FFO 1
+|€ 517.9m
+| -6.4%
+|-
+|LTV
+|28.1%
+| -1%
+|-
+|Rental revenue
+|€767.1 m
+| -8.1%
+|}
 == Expectations ==