Vonovia SE

VNA

Equity

ISIN DE000A1ML7J1 / Valor 21644750

Xetra (2024-12-23)

EUR 29.29-0.48%

Vonovia SE
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About company

Vonovia SE is a leading real estate company that is actively involved in addressing current challenges in the housing market. The company is dedicated to promoting climate protection, creating senior-friendly living spaces, and fostering a positive community atmosphere in its neighborhoods. Through collaborations with social institutions and local authorities, Vonovia supports various social and cultural initiatives that enhance community life. Additionally, Vonovia plays a crucial role in addressing the pressing need for new housing construction.

Summarized from source with an LLMView SourceSector: Finance

Adjusted EBITDA Growth

In the third quarter of 2024, Vonovia SE reported an Adjusted EBITDA of €1,986.7 million, marking a 1.4% increase compared to the previous year. This growth reflects the company's ability to enhance its operational efficiency and profitability across its various business segments.

Adjusted EBT Decline

Vonovia SE's Adjusted EBT for Q3 2024 was €1,363.9 million, which represents a 4.0% decrease from the same period in the previous year. This decline indicates challenges in maintaining earnings before taxes, possibly due to increased costs or other financial pressures.

Operating Free Cash Flow Surge

The company experienced a significant boost in its Operating Free Cash Flow, reaching €1,379.7 million in Q3 2024, a 38.6% increase from the prior year. This surge highlights Vonovia SE's improved cash generation capabilities, providing more flexibility for investments and debt management.

EPRA NTA Per Share Reduction

Vonovia SE reported a decrease in its EPRA NTA per share, which stood at €44.66 in the third quarter of 2024, down by 4.6% from the previous year. This reduction may reflect changes in the net asset value, influenced by market conditions or asset revaluations.

Housing Portfolio and Vacancy Rate

As of the end of Q3 2024, Vonovia SE's total housing portfolio comprised 541,619 units, a slight decrease of 1.2% from the previous year. The vacancy rate remained stable at 2.1%, indicating consistent demand and effective property management strategies.

Summarized from source with an LLMView Source

Key figures

3.24%1Y

-39.0%3Y

-32.5%5Y

Performance

29.9%1Y

37.4%3Y

33.5%5Y

Volatility