Vonovia 9M Adjusted Ebitda Rental Up 3.5% to €1.91 billion
Nov 4 (Reuters) - VONOVIA SE VNAn.DE:
VONOVIA 9M RESULTS: ROBUST OPERATING BUSINESS IN A CHALLENGING MACRO ENVIRONMENT
9M 2026 ADJUSTED. EBITDA RENTAL UP 3.5% TO €1.91 BILLION DESPITE ~5,000 FEWER UNITS
2026 ORGANIC RENT GROWTH GUIDANCE NOW ~3.8%, PREVIOUSLY ~4%
2026 ADJUSTED. EBT GUIDANCE: LOW END OF €1.90 BILLION TO €2 BILLION RANGE
2026 ADJUSTED. EBITDA TOTAL GUIDANCE: BOTTOM HALF OF €2.95 BILLION TO €3.05 BILLION RANGE
CFO PHILIP GROSSE DECIDES NOT TO SEEK EXTENSION OF CURRENT TERM
2028 ADJUSTED. EBITDA TOTAL EXPECTED AT LOWER END OF €3.20 BILLION TO €3.50 BILLION RANGE
FOR 2027, VONOVIA EXPECTS ITS RESILIENT CORE OPERATIONS TO SUPPORT SLIGHT GROWTH IN ADJUSTED. EBITDA TOTAL
FOR 2027 ADJUSTED. EBT IS EXPECTED TO BE BROADLY IN LINE WITH 2026
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