• Total revenues increased by 23% to €232m for Q1 22
• Loss allowances rose from €7m for Q1 21 to €49m for Q1 22
• Net profit attributable to shares decreased by 6% to €15m for Q1 22
• Aareal confirmed its operating profit target range of between €210m and €250m at the lower end
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Good Q1 22 revenues, but loan loss provisions for Russia burdens
- Published:
11 May 2022 -
Author:
Dieter Hein -
Pages:
2 -
• Total revenues increased by 23% to €232m for Q1 22
• Loss allowances rose from €7m for Q1 21 to €49m for Q1 22
• Net profit attributable to shares decreased by 6% to €15m for Q1 22
• Aareal confirmed its operating profit target range of between €210m and €250m at the lower end