Deutsche Eigenheim Union AG continues positive growth

EQS-News: Deutsche Eigenheim Union AG / Key word(s): Half Year Results/Half
Year Report
Deutsche Eigenheim Union AG continues positive growth

21.09.2023 / 11:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The consolidated earnings before taxes (EBT) are positive as of 30 June 2023
and amount to EUR 25,000 (previous year: EUR -590,000) after unaudited
figures. The total operating performance of EUR 5.3 million more than
doubled compared to EUR 2.0 million in the previous year and is due to the
increased construction activity. Currently, more than 70 units are under
construction.

Cash and cash equivalents as of 30.06.2023 increased to EUR 4.5 million.
After the reporting date, the existing interest-bearing bank liabilities
could thus be repaid. The consolidated half-year result after deduction of
deferred taxes amounts to -93 TEUR and represents a significant increase
compared to the previous year -591 TEUR.

The 2023 half-year report will be published on the website by 30 September
2023.

About Eigenheim Union Group
The Eigenheim Union Group specialises in the realisation of affordable and
sustainable housing quality in the Berlin-Brandenburg metropolitan region.
Ready-to-move-in homes for owner-occupiers and capital investors are built
in attractive locations. All value-added processes are standardised and
covered by the experienced team of the Eigenheim Union Group.


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21.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Deutsche Eigenheim Union AG
                   Ringbahnstraße 16/18/20
                   12099 Berlin
                   Germany
   Phone:          +49 30 233 21 36 0
   Fax:            +49 30 233 21 36 99
   E-mail:         info@deutsche-eigenheim-union.de
   Internet:       https://deutsche-eigenheim-union.de
   ISIN:           DE000A0STWH9
   WKN:            A0STWH
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf
                   (Primärmarkt), Frankfurt, Munich
   EQS News ID:    1731585

End of News EQS News Service
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1731585 21.09.2023 CET/CEST