EQS-News: Traumhaus AG: Forecast for annual result 2022EQS
Im Artikel erwähnte Wertpapiere: Traumhaus AG
EQS-News: Traumhaus AG
/ Key word(s): Real Estate/Forecast
Traumhaus AG: Forecast for annual result 2022
Wiesbaden, 28.11.2022: According to the current status, Traumhaus AG (ISIN: DE000A2NB7S2, WKN: A2NB7S) - provider of innovative settlement concepts and serial construction in solid construction - will achieve a balanced to slightly negative annual result in an extremely challenging market environment in 2022. The sales forecast for 2022 is in a range of EUR 68 to 90 million and will not increase by the average 15 percent forecast in the 2021 annual report. Accordingly, EBITDA is expected to be in the low single-digit million range and not between 10 and 15 percent of total output as expected in the 2021 annual report.
Global supply chains were disrupted in the second half of the year. There are delays in the completion of the finishing trades, especially electrical components. The land registry and building authorities are still understaffed. A lack of building permits and land register entries mean that projects are being postponed until 2023. Sales also has to cope with a challenging year in 2022. Since the second half of the year, the buyers' uncertainty has been clearly felt as a result of the effects of the war, inflation, the development of building interest rates and energy costs.
“The year 2022 will present the entire construction industry with major challenges. The loss of federal subsidies, the ongoing effects of the pandemic on government agencies, high inflation and the associated increase in interest rates, and the energy crisis have unsettled buyers. We are assuming that the external circumstances will improve in 2023,” says Otfried Sinner, CEO Traumhaus AG, optimistically. "Nevertheless, we expect challenging market conditions for the 2023 financial year as well, but overall a calming of the markets, which we see as a result of growth opportunities."
About Traumhaus AG
Traumhaus AG, founded in 1993 and headquartered in Wiesbaden, Germany, is an experienced provider of innovative settlement concepts and serial construction using solid construction methods. The enterprise covers the entire creation of value chain: of property purchase (starting from 3,500 square meter) and project development over building and marketing up to the following support of the real estates. The guiding principle is: "We have the solution for affordable housing!" The key success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the m:access market segment, as well as in over-the-counter trading on the Frankfurt Stock Exchange and in Xetra trading.
Traumhaus AG Investor Relations
+49 6122 58653 – 68
Traumhaus AG Pressesprecherin
28.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Phone:||+49 (0) 6122 586 53 0|
|Fax:||+49 (0)6122 586 53 - 0|
|Listed:||Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1499737|
|End of News||EQS News Service|
1499737 28.11.2022 CET/CEST