• Total revenues decreased by 4% to €189m for Q1 21 compared to Q1 20
• Loss allowances declined from €58m for Q1 20 to €7m for Q1 21
• Net profit attributable to shares increased from €2m for Q1 20 to €16m for Q1 21
• Aareal confirmed its operating profit target range of €100-175m for FY2021
11 May 2021
Solid Q1 21 figures, considerably lower loan loss provisions
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Solid Q1 21 figures, considerably lower loan loss provisions
• Total revenues decreased by 4% to €189m for Q1 21 compared to Q1 20
• Loss allowances declined from €58m for Q1 20 to €7m for Q1 21
• Net profit attributable to shares increased from €2m for Q1 20 to €16m for Q1 21
• Aareal confirmed its operating profit target range of €100-175m for FY2021