2023 PATRIZIA Annual Report: Market Challenges Impact EBITDA, Optimistic 2024 Outlook with Smart Real Asset Investments

• AUM of EUR 57.3bn confirms platform resilience, but EBITDA impacted by market headwinds, reorg expenses, and other income
• Dividend increased by 3.0% to EUR 0.34 per share due to strong balance sheet and solid operating cashflow
• Cautious optimism for FY 2024 with EBITDA guidance of EUR 30.0m - 60.0m and AUM expected between EUR 54.0bn - 60.0bn
• Strategic repositioning as a smart Real Asset Player focusing on digitalization, urbanization 2.0, energy transition, and modern living
• EBITDA for FY 2023 was EUR 54.1m, impacted by reorg expenses and market conditions
• PATRIZIA aims to distribute more than 50% of annual net profit as dividends, with a dividend proposal of EUR 0.34 per share for FY 2023

The next important date, PATRIZIA SE | 2023 Annual Report, at PATRIZIA is on 22.03.2024.

The price of PATRIZIA at the time of the news was 8,4200EUR and was up +1,94 % compared with the previous day.
18 minutes after the article was published, the price was 8,3800EUR this corresponds to a minus of -0,48 % since publication.
At this time, the index SDAX was at 13.979,62PKT (+0,66 %).

PATRIZIA

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ISIN:DE000PAT1AG3WKN:PAT1AG

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