Stock Analysis

Aroundtown Reports Third Quarter 2023 Earnings

XTRA:AT1
Source: Shutterstock

Aroundtown (ETR:AT1) Third Quarter 2023 Results

Key Financial Results

  • Revenue: €371.9m (down 14% from 3Q 2022).
  • Net loss: €37.1m (down by 264% from €22.6m profit in 3Q 2022).
earnings-and-revenue-growth
XTRA:AT1 Earnings and Revenue Growth December 1st 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aroundtown Earnings Insights

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Aroundtown you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.