Aroundtown SA (DE:AT1) has released an update.
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Aroundtown SA reported robust operational performance for the first nine months of 2024, achieving a net rental income of €883 million despite a slight decline due to disposals. The company increased its adjusted EBITDA to €758 million, supported by solid like-for-like rental growth, and confirmed its full-year financial guidance at the upper end. Additionally, Aroundtown strengthened its balance sheet through significant bond issuances and strategic disposals, maintaining a stable loan-to-value ratio.
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