Aroundtown SA (DE:AT1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aroundtown SA reported robust operational performance for the first nine months of 2024, achieving a net rental income of €883 million despite a slight decline due to disposals. The company increased its adjusted EBITDA to €758 million, supported by solid like-for-like rental growth, and confirmed its full-year financial guidance at the upper end. Additionally, Aroundtown strengthened its balance sheet through significant bond issuances and strategic disposals, maintaining a stable loan-to-value ratio.
For further insights into DE:AT1 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- How Will Apple Be Affected by Google/DOJ Battle? Barclays Chimes In
- ‘Load Up Despite California’s EV Noise,’ Says Daniel Ives About Tesla Stock
- M&A News: Paramount (PARA) Turned Down Apollo Global Management Seven Times
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
