Patrizia SE : Mixed bag of softer preliminary FY 2023 figures with initial FY 2024e guidance still reflecting market uncertainties – better than expected dividend
>FY 2023 EBITDA close to our estimate but net income clearly missing forecasts - Patrizia (PAT) announced yesterday (28 February) after market closing preliminary FY 2023 key figures which were softer y-o-y and a mixed bag with EBITDA just shy of our estimate and the consensus but with net income clearly missing our estimate and the consensus amongst others due to an impairment on consolidated seed investing/ warehousing inventory real estate of € 16.9m.EBITDA dr...Patrizia Immobilien is engaged in the purchasing, management, appreciation and sale of residential and commercial real estate. Co. operates via two operating segments. The Investments segment primarily bundles portfolio management and the sale of own investments while the Management Services segment covers a range of real estate services, in particular analysis and advice during the purchase and sale of individual residential and commercial properties or portfolios, the management of real estate, management of real estate portfolios as well as consultation with regard to investment strategy, portfolio planning and allocation and the execution of investments.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.