Aroundtown shares fall 6.4% after results, CFO news
Aroundtown SA (DE:AT1) shares dropped by 6.4% following the release of its first half 2025 financial results and the announcement of a new CFO. The company reported stable financial performance, with net rental income at €591 million and adjusted EBITDA at €501 million, reflecting strong operational performance and positive property revaluations. Aroundtown also reduced its leverage, with a loan-to-value ratio of 40%, and successfully issued €900 million in bonds while repaying €1.9 billion in debt, positioning itself for opportunistic growth [1].
The management transition was announced with Mr. Jonas Tintelnot set to become the new CFO, ensuring leadership continuity. Aroundtown SA is the largest listed German commercial real estate company, trading on the Prime Standard of the Frankfurt Stock Exchange. The company invests in income-generating quality properties with value-add potential in central locations in top-tier European cities, primarily in Germany, the Netherlands, and London [1].
The market's reaction to the results and the CFO transition indicates a cautious approach, with investors potentially concerned about the leadership change and the company's growth prospects. Despite the positive financial performance, the drop in share price suggests that investors are awaiting further clarity on the company's strategic direction under new leadership.
References:
[1] https://www.tipranks.com/news/company-announcements/aroundtown-sa-reports-strong-h1-2025-results-and-announces-leadership-transition
Comments
No comments yet