Vonovia released a decent set of Q3 20 figures with a further good performance expected for H2 20 as far as book values are concerned. The make-up of its guidance has changed a bit due to the lower contribution from lfl growth. Nothing really material to date and the big picture doesn’t change. Both the figures and the company’s safe haven status look secure until February 2021. The consequences of the second lockdown on German housing and consumer confidence will however need to be revisited du ....
04 Nov 2020
Good Q3 20 overall. But slowing lfl growth.
Vonovia SE (VNA:WBO), 0 | Vonovia SE (VNNVF:OTC), 0 | Vonovia SE (526918:LUX), 0 | Vonovia SE (VNA:SWX), 0 | Vonovia SE (0QFT:LON), 0 | Vonovia SE (1VNA:MIL), 0 | Vonovia SE (VNA:ETR), 0
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Good Q3 20 overall. But slowing lfl growth.
Vonovia SE (VNA:WBO), 0 | Vonovia SE (VNNVF:OTC), 0 | Vonovia SE (526918:LUX), 0 | Vonovia SE (VNA:SWX), 0 | Vonovia SE (0QFT:LON), 0 | Vonovia SE (1VNA:MIL), 0 | Vonovia SE (VNA:ETR), 0
- Published:
04 Nov 2020 -
Author:
Christian Auzanneau -
Pages:
4
Vonovia released a decent set of Q3 20 figures with a further good performance expected for H2 20 as far as book values are concerned. The make-up of its guidance has changed a bit due to the lower contribution from lfl growth. Nothing really material to date and the big picture doesn’t change. Both the figures and the company’s safe haven status look secure until February 2021. The consequences of the second lockdown on German housing and consumer confidence will however need to be revisited du ....