EQS-Adhoc

Gateway Real Estate AG: Forecast for the fiscal year 2023

EQS-Ad-hoc: Gateway Real Estate AG / Key word(s): Forecast/Real Estate Gateway Real Estate AG: Forecast for the fiscal year 2023 24-Apr-2023 / 17:59 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Gateway Real Estate AG: Forecast for the fiscal year 2023

Berlin, April 24, 2023. The Management Board and Supervisory Board of Gateway Real Estate AG ("Company" - WKN A0JJTG / ISIN DE000A0JJTG7) adopted in its today's meeting the forecast for the fiscal year 2023.

Due to the challenging market conditions and a significantly reduced transaction speed, in particular as a result of the changed interest rate environment, the Company expects an EBIT adjusted* of EUR 5 to 15 million (fiscal year 2022: EUR 18.4 million based on preliminary and as yet unaudited figures) and earnings before taxes (EBT) of EUR -10 to 0 million (fiscal year 2022: EUR -32.5 million based on preliminary and as yet unaudited figures).

* EBIT adjusted: Operating income plus income from investments accounted for using the equity method.

 

Contact
Sven Annutsch
Hardenbergstr. 28a
10623 Berlin
T [phone] – 11
F [phone]
E-Mail: [e-mail]
www.gateway-re.de

End of Inside Information

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24-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Gateway Real Estate AG
	Hardenbergstraße 28a
	10623 Berlin
	Germany
Phone:	[phone] - 0
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.gateway-re.de
ISIN:	DE000A0JJTG7
WKN:	A0JJTG
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1615565

End of Announcement	EQS News Service

1615565  24-Apr-2023 CET/CEST