Patrizia SE (PAT.F), Wednesday announced its 9-month 2024 interim statement, where the company reported a decline in EBITDA to 13.4 million euros compared to last year's 50.2 million euros, mainly due to a temporarily consolidated at-equity investment and extraordinary items.
Net sales revenues and co-investment income stood at negative 4.9 million euros, due to the earnings attribution from a temporarily consolidated at-equity investment, compared to positive 4.4 million euros in the previous year
The company confirmed that it expects EBITDA in the range of 30 million euros to 60 million euros for the fiscal year 2024.
Currently, PATRIZIA's stock is trading at 7.24 euros, down 2.95 percent on the Frankfurt.
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