• Total revenues increased by 41% to €225m for Q2 21 compared to Q2 20
• Loss allowances declined by 31% to €33m for Q2 21
• Tax ratio outlook of 50-60% for FY2021 due to one-off old investment case
• Pre-tax profit was up from €2m for Q2 20 to €41m for Q2 21
• Aareal confirmed its operating profit target range of €100-175m for FY2021
12 Aug 2021
Good operating Q2 21 figures, but old case pushes FY2021 tax ratio
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Good operating Q2 21 figures, but old case pushes FY2021 tax ratio
• Total revenues increased by 41% to €225m for Q2 21 compared to Q2 20
• Loss allowances declined by 31% to €33m for Q2 21
• Tax ratio outlook of 50-60% for FY2021 due to one-off old investment case
• Pre-tax profit was up from €2m for Q2 20 to €41m for Q2 21
• Aareal confirmed its operating profit target range of €100-175m for FY2021