• Net interest income rose by 35% to €248m for Q3 23 versus Q3 22
• Loss allowances rose by 62% to €102m for Q3 23
• Net profit attributable to shares declined by 3% to €38m for Q3 23
• Aareal confirmed its ability to achieve the lower end of the consolidated operating profit target range of between €240 and €280m for FY2023
• Atlantic BidCo has launched a public delisting tender offer for all the remaining outstanding shares in Aareal Bank
09 Nov 2023
Mixed Q3 23 figures burdened by loan loss allowances, delisting announced
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Mixed Q3 23 figures burdened by loan loss allowances, delisting announced
• Net interest income rose by 35% to €248m for Q3 23 versus Q3 22
• Loss allowances rose by 62% to €102m for Q3 23
• Net profit attributable to shares declined by 3% to €38m for Q3 23
• Aareal confirmed its ability to achieve the lower end of the consolidated operating profit target range of between €240 and €280m for FY2023
• Atlantic BidCo has launched a public delisting tender offer for all the remaining outstanding shares in Aareal Bank