• Net profit attributable to shares was down by 30% to €145m • DPS proposal and net profit slightly above consensus expectations • Expenses of €50m at loss allowances for the accelerated reduction of risk exposures mainly in Italy in 2019 • Disappointing outlook for 2020 only on the 2019 level
26 Feb 2020
Solid 2019 figures, disappointing outlook for 2020
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Solid 2019 figures, disappointing outlook for 2020
Aareal Bank AG (ARL:WBO) | 0 0 0.2% | Mkt Cap: 2,364m
- Published:
26 Feb 2020 -
Author:
Dieter Hein -
Pages:
3
• Net profit attributable to shares was down by 30% to €145m • DPS proposal and net profit slightly above consensus expectations • Expenses of €50m at loss allowances for the accelerated reduction of risk exposures mainly in Italy in 2019 • Disappointing outlook for 2020 only on the 2019 level