Instone Real Estate Group SE

  • WKN: A2NBX8
  • ISIN: DE000A2NBX80
  • Land: Deutschland

Nachricht vom 17.11.2021 | 18:31

Instone Real Estate Group SE: First time outlook for financial year 2022 and revised guidance for 2021

Instone Real Estate Group SE / Key word(s): Forecast/Change in Forecast
Instone Real Estate Group SE: First time outlook for financial year 2022 and revised guidance for 2021

17-Nov-2021 / 18:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

First time outlook for financial year 2022 and revised guidance for 2021

Essen, 17 November 2021 -

Taking into account the business development in the first three quarters of 2021, the Management of Instone Real Estate Group SE ("Instone") has decided to issue first time profit guidance for financial year 2022, as well as revise guidance for the current fiscal year.

For fiscal year 2022, Management expects delays in building right and building permit approvals related to the corona situation as well as a reduction in the construction speed as a result of building material supply bottlenecks to continue. Consequently, Management expects adjusted 2022 revenues of EUR 0.9 to 1.0 billion and 2022 adjusted earnings after taxes between EUR 90 and 100 million.

For 2021, Management expects a higher sales volume of over EUR 1.0 billion (previously EUR > 900 million) due to strong demand from retail as well as institutional clients. Supply bottlenecks as well as delays in building permits are expected to adversely impact construction progress. As a result management now expects adjusted revenues of EUR 780 to 800 million (previously EUR 820-900 million). However, margins are above the previous forecast. Instone's Management now expects adjusted gross profit margin of approx. 28 percent (previously 26-27 percent). Adjusted earnings after tax are expected at EUR 93-96 million (previously EUR 90-95 million).

The new forecast figures take into account the results for the first nine months of 2021 (adjusted revenues of EUR 405.6 million / adjusted earnings after tax of EUR 40.3 million), which Instone will publish as part of the full quarterly reporting for Q3 2021 on 18 November 2021.

The definitions of the alternative key performance indicators mentioned in this statement can be found in the glossary on the company's homepage at:

Investor Relations
Instone Real Estate
Burkhard Sawazki
Grugaplatz 2-4
D-45131 Essen
Tel.: +49 (0)201 45355-137

Forward-Looking Statements

Certain statements contained in this release may constitute "forward-looking statements" that involve a number of risks and uncertainties. Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are based on assumptions, forecasts, estimates, projections, opinions or plans that are inherently subject to significant risks, as well as uncertainties and contingencies that are subject to change. The forward-looking statements speak only as of the date of this release. No representation is made or will be made by Instone that any forward-looking statement will be achieved or will prove to be correct. The actual future business, financial position, results of operations and prospects may differ materially from those projected or forecast in the forward-looking statements. Instone does not assume any obligation to update, and does not expect to publicly update, or publicly revise, any forward-looking statements or other information contained in this release, whether as a result of new information, future events or otherwise, except as otherwise required by law.

17-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

show this

GBC im Fokus

net digital, der digitale und mobile Payment-Spezialist

Die net digital AG agiert mit ihren digitalen und mobilen Paymentlösungen und den hierzu ergänzenden Diensten (z. B. Abo-Management und zahlungsbezogene KI-Lösungen) im multimilliarden-schweren Paymentmarkt. Basierend auf der vielversprechenden Wachstumsstrategie und der guten Marktpositionierung, sollte es dem net digital-Konzern gelingen, ab dem Jahr 2022 ein nachhaltiges dynamisches Wachstum zu erreichen. Parallel hierzu rechnen wir aufgrund des sehr skalierbaren Geschäftsmodells (Plattform-Ansatz) mit einer überproportionalen Ergebnisverbesserung. Bei dem von uns ermittelten Kursziel von 20,60 € vergeben wir das Rating KAUFEN.

News im Fokus

Henkel AG & Co. KGaA: Umfassende Maßnahmen, um Wachstumsagenda von Henkel auf nächste Stufe zu heben

28. Januar 2022, 09:08

Aktueller Webcast

HelloFresh SE

2022 Governance Roadshow Presentation

28. Januar 2022

Aktuelle Research-Studie

va-Q-tec AG

Original-Research: va-Q-tec AG (von Montega AG): Kaufen

28. Januar 2022