ADLER Group Showcases Strong Operational Performance in 2023

• 5.1% like-for-like rental growth compared to previous year and operational vacancy of 1.1%
• Successful disposals in FY 2023 contributing to c.€530m in gross proceeds
• Stable liquidity position with €377m cash despite debt repayments in Q4 2023
• Adler Group expects net rental income in the range of €200m-210m in FY 2024
• Publication of audited annual reports 2022 and 2023 by 30 September 2024
• Non-binding agreement in principle on a restructuring with bondholders to reinforce the Group's capacity to continue as a going concern

The next important date, Quarterly report, at ADLER Group is on 25.04.2024.

The price of ADLER Group at the time of the news was 0,1940EUR and was up +0,52 % compared with the previous day.
4 minutes after the article was published, the price was 0,2010EUR this corresponds to a plus of +3,61 % since publication.

ADLER Group

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+20,37 %

-24,11 %

-38,64 %

-72,69 %

-99,39 %

-99,67 %

-99,28 %

-99,33 %

ISIN:LU1250154413WKN:A14U78

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