on Branicks Group AG (isin : DE000A1X3XX4)
Branicks Group AG Reports Stable 2024 Financial Results Amid Challenging Environment
Frankfurt, March 12, 2025 - Branicks Group AG has released its audited financial statements for 2024. The company achieved its operational targets despite a challenging market. It reported a Funds from Operations (FFO I) of EUR 52.2 million, slightly up from EUR 51.9 million in 2023, and an FFO II of EUR 56.5 million.
The company succeeded in financial consolidation by extending loan maturities and repaying some debts. The real estate firm disclosed EUR 702 million in sales, with a notable EUR 558 million from its Commercial Portfolio. However, assets under management fell to EUR 11.6 billion, attributed to sales and a valuation decrease of 6.9%.
CEO Sonja Wärntges emphasized continuing progress in 2025. Branicks plans cross-segment transactions of up to EUR 1 billion and aims to return to positive net income by 2026. The group's strategy focuses on debt reduction and portfolio optimization.
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