alstria office REIT-Aktiengesellschaft
AOX
ISIN DE000A0LD2U1 / Valor 3014033
alstria office REIT-Aktiengesellschaft
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About company
alstria office REIT-Aktiengesellschaft is a real estate investment trust that owns and manages a portfolio of high-quality office properties in major German office centers. With a focus on modernizing properties to create consistent value, alstria's team utilizes their in-depth market knowledge and experience to develop detailed concepts for each building. The company's integrated business model emphasizes local presence and long-term sustainability in the management of their office properties. Alexander Dexne serves as the CFO of alstria, bringing with him a wealth of financial experience from previous roles in prominent companies.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Revenue Growth
In the first half of 2024, alstria office REIT-Aktiengesellschaft reported revenue of EUR 98.624 million, an increase from EUR 92.793 million in the same period of the previous year. This growth reflects the company's ability to enhance its income streams and manage its property portfolio effectively.
Net Operating Income
alstria office REIT-Aktiengesellschaft achieved net operating income of EUR 85.237 million in H1 2024, up from EUR 78.102 million in H1 2023. This improvement is attributed to higher rental income and efficient property management, contributing to the company's overall profitability.
Net Profit
For the first half of 2024, alstria office REIT-Aktiengesellschaft reported a net profit of EUR 47.797 million, significantly higher than the EUR 9.206 million recorded in H1 2023. This substantial increase in net profit underscores the company's successful financial strategies and operational efficiencies.
Dividends
During the first half of 2024, alstria office REIT-Aktiengesellschaft made dividend payments amounting to EUR 10.697 million. This payout reflects the company's commitment to returning value to its shareholders while maintaining a strong financial position.
Financial Outlook
alstria office REIT-Aktiengesellschaft has confirmed its revenue forecast for the full year 2024 at approximately EUR 195 million, with an expected operating result (FFO) of EUR 71 million. This positive outlook is based on the company's stable performance in the first half of the year and its strategic initiatives.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1368 M
Market cap (USD)
126,733
Daily traded volume (Shares)
7.68 / 7.62
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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