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Vonovia Publishes Transcript of Nine-Month 2026 Earnings Call

By Public Technologies
  • Vonovia’s nine-month 2026 earnings call featured CEO Luka Mucic and CFO Philip Grosse, who outlined a weaker earnings outlook.
  • Adjusted EBT and adjusted shareholder earnings are expected to remain broadly flat in 2027 and 2028 as higher financing costs offset growth.
  • Management launched a strategic review of development, suspended new Manage-to-Green investments and significantly reduced Development-to-Hold plans.
  • For 2026, adjusted EBITDA is expected in the bottom half of guidance; adjusted EBT is forecast near the low end.
  • The 40% loan-to-value target for 2028 remains intact but is harder to achieve, with portfolio valuations expected to remain flat in 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vonovia SE published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

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