Aroundtown SA (DE:AT1)
XETRA:AT1
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Earnings Data
Report Date
Aug 26, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.12Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly constructive operational and financial story: solid like-for-like rental growth across key segments, meaningful liquidity and demonstrated access to capital markets, tangible ESG progress, and active capital recycling with shareholder returns (buyback + dividend). These positives are balanced against near-term headwinds — a decline in recurring FFO I, modestly higher finance costs, office vacancy pressures and a development pipeline with high vacancy that will weigh on short-term cash flows. Management has clear mitigation plans (conversions, disposals, refinancing, buybacks) and sees 2026 as a year of extracting embedded upside, so the balance of execution risk versus proven access to funding and operational momentum leads to an overall positive view.Company Guidance
Stable Rental Income and Solid Operational Growth
Net rental income of ~EUR 1.18–1.20 billion (stable vs 2024) supported by portfolio like-for-like rental growth of 3% overall; residential LFL +3.6%, hotels +3.5%, offices +1.8%.
Strong Adjusted EBITDA and FFO II Performance
Adjusted EBITDA ~EUR 999 million (down 1% YoY) while FFO II including disposal gains amounted to EUR 415 million (+6% YoY), reflecting successful capital recycling.
Liquidity and Balance Sheet Strength
High liquidity: >EUR 4.0 billion cash plus EUR 0.9 billion undrawn credit lines; hedging ratio 97%; average debt maturity 3.7 years (4.6 years when including liquidity); S&P BBB affirmed.
Portfolio Valuation and NAV Improvement
Full portfolio revaluation: like-for-like value growth +3.1% including CapEx (+1.6% net of CapEx); EPRA NRV up 3% to EUR 10.3 billion; EPRA NTA EUR 8.5 billion or EUR 7.8 per share (+5% per share vs Dec '24).
Proactive Capital Markets Activity and Liability Management
Raised EUR 3.3 billion new debt and repaid EUR 2.6 billion in 2025; issued lower-coupon eurobonds and perpetuals (total new perpetuals EUR 1.3 billion, repaid EUR 1.8 billion), leading to expected lower annual coupon burden in 2026.
Committed Shareholder Returns
Launched EUR 250 million share buyback (expected to increase FFO I per share ~7% and NAV per share ~5% if fully executed) and proposed dividend EUR 0.08 per share for 2025 (first dividend after 3-year pause); new dividend policy: 50% of FFO I from 2026.
Strong Disposal Track Record and Capital Recycling
Closed disposals EUR 790 million in 2025 (signed EUR 575 million); disposals since 2020 >EUR 10 billion at ~2% above book on average and ~28% profit margin vs total costs; 2025 disposals produced EUR 128 million disposal gains.
ESG and Sustainability Progress
Reached 41% emissions reduction vs 2019 (ahead of 2030 target); 70% of commercial portfolio Green Certified (79% offices, 65% hotels); roll-out of EV charging, on-site PV and heat-pump pilots.
Embedded Growth Opportunities: Conversions & Data Centers
Active office-to-service-apartment conversions (44,000 sqm / ~2% of office portfolio in execution) and pipeline of convertible assets (~120,000 sqm flagged under Bau-Turbo); sizeable optionality for data center conversions in key markets given power access initiatives.
DE:AT1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:AT1 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | €2.58 | €2.60 | +0.54% |
Mar 04, 2026 | €2.79 | €2.61 | -6.24% |
Nov 26, 2025 | €3.19 | €2.91 | -8.65% |
Aug 27, 2025 | €3.47 | €3.28 | -5.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aroundtown SA (DE:AT1) report earnings?
Aroundtown SA (DE:AT1) is schdueled to report earning on Aug 26, 2026, TBA (Confirmed).
What is Aroundtown SA (DE:AT1) earnings time?
Aroundtown SA (DE:AT1) earnings time is at Aug 26, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Aroundtown SA stock?
The P/E ratio of Aroundtown SA is N/A.
What is DE:AT1 EPS forecast?
Currently, no data Available