The earnings call presented several positive outcomes such as significant AFFO and rent growth, successful integration of BCP, and progress in the disposal program. However, challenges such as an increased LTV and sluggish investment levels were also noted. The overall sentiment is balanced with strong highlights countered by noteworthy lowlights.

Company Guidance -

Q1 2025

In the Q1 2025 results call, the management reaffirmed the company's robust financial performance and strategic direction. They guided a 7% bottom-line growth, with a notable increase in cash generation from core business activities and a 28% boost in AFFO, partly due to a reduced investment level compared to Q1 2024. The integration of BCP contributed significantly, with a net cold rent increase of over 7% and a EUR 12 million rental growth addition. The company reiterated its investment guidance of at least EUR 35 per square meter for the full year, planning to enhance investments post-BCP integration. The like-for-like rent growth was guided between 3.4% to 3.6%, exceeding 4% for the free finance portfolio. The LTV increased to 48.4% due to technical accounting effects, but the company maintained its midterm target of 45%, supported by a disposal program of around 5,000 units. Despite geopolitical and macroeconomic challenges, the German residential market remained robust, with expected value increases between 0.5% to 1% in H1 2025. The management expressed confidence in navigating market volatility while upholding their financial guidance for 2025.

Strong AFFO Growth

AFFO increased by 28.2% to EUR 62.3 million, driven by strong cash generation from core business and improved margins.

Net Cold Rent Increase

Net cold rent grew by 7.2% to EUR 229.5 million, supported by like-for-like growth and the integration of BCP.

Successful Integration of BCP

BCP is operationally and financially fully integrated, contributing EUR 12 million to rental growth.

Disposal Program Progress

Sold 1,500 units in Q1 with proceeds of EUR 125 million, with ongoing robust transaction activity in the German residential market.

EBITDA Margin Improvement

Adjusted EBITDA rose by 10% to EUR 173.4 million, with a margin improvement of 200 basis points to 75.6%.

LEG Immobilien (GB:0QC9) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:0QC9 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 07, 2025	2025 (Q2)	1.75 / -	-1.94	―	―	―
May 13, 2025	2025 (Q1)	1.42 / 0.99	0.706	40.23% (+0.28)	―	―
Mar 10, 2025	2024 (Q4)	1.52 / 1.70	-7.358	123.10% (+9.06)	―	―
Nov 08, 2024	2024 (Q3)	1.61 / 1.50	0.669	124.22% (+0.83)	―	―
Aug 09, 2024	2024 (Q2)	-5.09 / -1.94	-15.08	87.14% (+13.14)	―	―
May 15, 2024	2024 (Q1)	1.14 / 0.71	1.299	-45.65% (-0.59)	―	―
Mar 11, 2024	2023 (Q4)	-9.76 / -7.36	-7.362	0.05% (<+0.01)	―	―
Nov 09, 2023	2023 (Q3)	1.61 / 0.67	2.85	-76.53% (-2.18)	―	―
Aug 10, 2023	2023 (Q2)	-14.94 / -15.08	9.99	-250.95% (-25.07)	―	―
May 10, 2023	2023 (Q1)	1.51 / 1.30	1.924	-32.48% (-0.63)	―	―

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

GB:0QC9 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 13, 2025	€71.85	€73.56	+2.38%
Mar 10, 2025	€68.14	€67.05	-1.60%
Nov 08, 2024	€82.02	€83.91	+2.30%
Aug 09, 2024	€78.41	€82.11	+4.72%

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 LEG Immobilien (GB:0QC9) report earnings?

LEG Immobilien (GB:0QC9) is schdueled to report earning on Aug 07, 2025, Before Open (Confirmed).

What is LEG Immobilien (GB:0QC9) earnings time?

LEG Immobilien (GB:0QC9) earnings time is at Aug 07, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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 LEG Immobilien stock?

The P/E ratio of LEG Immobilien is N/A.

What is GB:0QC9 EPS forecast?

GB:0QC9 EPS forecast for the fiscal quarter 2025 (Q2) is 1.75.

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