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    ADJ   LU1250154413

ADLER GROUP S.A.

(ADJ)
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Adler Group S.A.: Statement on the parliamentary inquiry of 'DIE LINKE'

09/20/2021 | 05:32am EDT

Adler Group S.A.: Statement on the parliamentary inquiry of "DIE LINKE"

Berlin, 20 September 2021 - The parliamentary group DIE LINKE, with reference to media reports, has submitted a parliamentary inquiry to the Federal Government on the merger of ADO Properties S.A., ADLER Real Estate AG, and Consus Real Estate AG back in 2020 and the resulting creation of the consolidated Adler Group, led by Adler Group S.A.. Adler Group comments as follows on the questions posed to the Federal Government by the parliamentary group DIE LINKE:

All relevant topics date back to 2020, have been published in a number of notifications and were also disclosed in numerous prospectuses and in our annual accounts 2020.

Maximilian Rienecker, Co-CEO of the Adler Group, comments: "Upon request, we have always provided full transparency to all authorities and we are not aware of any investigations."

The Federal Financial Supervisory Authority (BaFin) was fully informed about and approved the corresponding documents to all takeover offers as published on our website:

Adler Group S.A. | Investor Relations (adler-group.com).

Investor Relations:

T +352 278 456 710

F +352 203 015 00

  1. investorrelations@adler-group.com

Disclaimer

ADO Properties SA published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2021 09:31:04 UTC.


© Publicnow 2021
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Financials
Sales 2021 614 M 715 M 715 M
Net income 2021 316 M 368 M 368 M
Net Debt 2021 7 841 M 9 125 M 9 125 M
P/E ratio 2021 4,49x
Yield 2021 4,76%
Capitalization 1 228 M 1 428 M 1 429 M
EV / Sales 2021 14,8x
EV / Sales 2022 12,7x
Nbr of Employees 1 390
Free-Float 68,6%
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Adler Group S.A. Technical Analysis Chart | ADJ | LU1250154413 | MarketScreener
Technical analysis trends ADLER GROUP S.A.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 11,94 €
Average target price 27,40 €
Spread / Average Target 129%
EPS Revisions
Managers and Directors
Thierry Beaudemoulin Co-Chief Executive Officer & Director
Maximilian Gerd Jean Rienecker Co-Chief Executive Officer & Director
Peter Maser Chairman
Michael Bütter Independent Director
Arzu Akkemik Independent Director
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