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Vonovia Stock Drops On Weak FY25 Revenues, Stable Outlook, Despite A Turnaround

Vonovia Stock Drops On Weak FY25 Revenues, Stable Outlook, Despite A Turnaround

Shares of Vonovia SE were losing around 10 percent in the German trading after the real estate major on Thursday reported weak revenues and units in fiscal 2025, and maintained outlook for fiscal 2026 and fiscal 2028. However, the firm reported a turnaround to net profit in fiscal 2025, mainly on a significant income tax gain, after years of losses.
RTTNews | 176 days ago
Vonovia FY24 Net Loss Narrows; Sees Growth Ahead

Vonovia FY24 Net Loss Narrows; Sees Growth Ahead

German real estate major Vonovia SE reported Wednesday a net loss in its fiscal 2024, but significantly narrower than last year, mainly with growth in revenues. The company also announced higher dividend, and its fiscal 2025 outlook, expecting higher adjusted EBITDA, a key earnings metric. The company added that it is very confident as it looks ahead to this year and beyond, with the development..
RTTNews | 542 days ago