Aroundtown Swings to 9-Month Profit, Reaffirms Full-Year Targets Amid Housing Market Shifts

2025-12-26 03:07:42

Abstract generation in progress

Aroundtown (AT1.DE) has delivered a significant turnaround in its nine-month results, posting a net profit of 882.3 million euros in stark contrast to the 154.0 million euro loss recorded in the same period last year. This marks a substantial recovery for the real estate investment company, with earnings per share reaching 0.48 euros compared to a loss-per-share of 0.21 euros previously.

Revenue and Rental Income Hold Steady

The company’s top-line performance remained relatively stable, with nine-month revenue coming in at 1.15 billion euros against 1.16 billion euros year-over-year—a marginal decline of less than 1%. More importantly, net rental income climbed to 886.4 million euros from 882.8 million euros, demonstrating resilience in core operations despite headwinds in the broader European property sector.

Adjusted Profitability Shows Minor Decline

On the profitability side, adjusted EBITDA slipped 1% to 750 million euros compared to 758 million euros in the prior-year period. While this represents a slight contraction, the year-over-year comparison reflects the company’s efforts to optimize operational efficiency. However, Funds From Operations (FFO I), a key metric closely watched by real estate investors tracking cash generation, declined to 221 million euros from 236 million euros. Per-share FFO I also softened to 0.20 euros from 0.22 euros.

Forward Guidance Intact

Despite the modest pullbacks in certain profitability metrics, Aroundtown has confirmed its full-year 2025 guidance, signaling management confidence in the company’s ability to sustain its current trajectory through year-end. The confirmation comes as institutional investors increasingly rely on euros symbol valuations to assess international real estate exposure.

The company’s ability to pivot from losses to profitability underscores the stabilizing effect of its diversified European property portfolio, even as regional economies grapple with fluctuating interest rate environments.

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