DGAP-Adhoc: Gateway Real Estate AG: Forecast for the fiscal year 2022

Gateway Real Estate AG: Forecast for the fiscal year 2022

Berlin, March 21, 2022. The Management Board and Supervisory Board of Gateway Real Estate AG ("Company" - WKN A0JJTG / ISIN DE000A0JJTG7) adopted in its today's meeting the forecast for the fiscal year 2022.

The company expects for the fiscal year 2022 EBIT adjusted* of EUR 125 to 140 million (forecast for the fiscal year 2021: EUR 95 to 110 million) and earnings before taxes (EBT) of EUR 70 to 85 million (forecast for the fiscal year 2021: EUR 70 to 80 million).

Decisive for the business development are future planned sales in the course of forward sale transactions in the residential property development segment.

* EBIT adjusted: Operating income plus income from investments accounted for using the equity method.

Contact
Sven Annutsch
Hardenbergstr. 28a
10623 Berlin
T +49 (0) 30 40 363 47 - 0
F +49 (0) 30 40 363 47 99
E-Mail: sven.annutsch@gateway-re.de