Allreal Holding Ltd

ALLN

Equity

ISIN CH0008837566 / Valor 883756

SIX Swiss Exchange (2024-12-23)

CHF 164.00+0.74%

Allreal Holding Ltd
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About company

Allreal Holding Ltd is a real estate development company that not only develops its own portfolio and sells condominiums but also provides services to third parties, leveraging its comprehensive expertise to increase competitiveness and ensure stable utilization of capacities. The company's portfolio includes high-quality commercial properties in urban transport centers and larger residential properties in metropolitan regions such as Zurich and Lake Geneva. Allreal Holding Ltd actively manages its portfolio, continuously optimizing earnings and costs of investment properties through careful maintenance and renovation. By integrating Real Estate, Development, and Realization divisions under one roof, the company is able to take an agile approach to project development, ensuring efficient and high-quality implementation. The solid economic basis of the portfolio enables long-term thinking in project development, creating the best possible value for the company's portfolio.

Summarized from source with an LLMView SourceSector: Finance

Revenue Decline

Allreal Holding Ltd reported a revenue of CHF 483.3 million for the year ending 2023, marking a decline of 9.5% compared to the previous year. This decrease is attributed to various economic challenges and a slowdown in the real estate market.

Net Profit Drop

The net profit including revaluation effects for Allreal Holding Ltd in 2023 was CHF 65.2 million, a significant drop of 57.9% from the previous year. This decline reflects the impact of higher financing costs and reduced property revaluations.

Operating Profit

Allreal Holding Ltd's operating profit (EBIT) excluding revaluation gains stood at CHF 180.6 million for 2023, slightly down by 2.0% from the previous year. This indicates a relatively stable operational performance despite the challenging market conditions.

Dividends

The Board of Directors of Allreal Holding Ltd has proposed a profit distribution of CHF 7.00 per share for the financial year 2023. This decision underscores the company's commitment to providing consistent returns to its shareholders.

Outlook

Despite the economic headwinds, Allreal Holding Ltd remains optimistic about the future. The company expects steady demand for modern office and residential spaces, driven by the robust Swiss economy and population growth, ensuring long-term investment stability.

Summarized from source with an LLMView Source

Key figures

8.61%1Y

-16.8%3Y

-14.7%5Y

Performance

11.9%1Y

17.0%3Y

17.5%5Y

Volatility