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Traumhaus AG: Traumhaus AG issues forecast for fiscal year 2021

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DGAP-News: Traumhaus AG / Key word(s): Real Estate/Forecast
21.04.2021 / 11:00
The issuer is solely responsible for the content of this announcement.

Traumhaus AG issues forecast for fiscal year 2021

Further growth also in 2021
 

Wiesbaden, April 21, 2021: Traumhaus AG will continue its consistent growth course in 2021 and expects a range between 98 and 108 million euros in sales for the current fiscal year. EBITDA is forecast in a range between 10 to 11.8 million euros. The expected good business result is based on the further increase in demand for mass-produced, affordable housing despite the Covid 19 pandemic and the well-filled project pipeline.

"Traumhaus AG has come through the Corona year 2020 well because the minor time delays were easy to cope with and the impact on business operations remained low. Demand for affordable, mass-produced housing continues unabated, so we expect business results to be good and increasing in 2021 as well. This shows that Traumhaus' strategic approach of adding industrialization and automation to the construction industry in order to create good and affordable housing is the right one. In the late summer of this year we will start up our prefabricated parts plant in Kruft - Traumhaus is also setting sustainable standards in the construction industry," says Traumhaus AG CEO Otfried Sinner, summarizing the reasons on which the 2021 forecast is based.

The Traumhaus AG CEO also sees the future of the company beyond this fiscal year on a solid foundation with plenty of growth potential:

"The extensive property portfolio that we have already secured currently comprises a sales volume of around EUR 500 million and will inevitably lead to further increases in sales in the coming years," says CEO Otfried Sinner, venturing a look into the future, "which on average allows us to expect an annual increase of 15 to 20 percent."
 

About Traumhaus AG
Traumhaus AG, founded in 1993 and headquartered in Wiesbaden, Germany, is an experienced provider of innovative settlement concepts and serial construction using solid construction methods. The enterprise covers the entire creation of value chain: of property purchase (starting from 3,500 square meter) and project development over building and marketing up to the following support of the real estates. The guiding principle is: "We have the solution for affordable housing!" The key success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the m:access market segment, as well as in over-the-counter trading on the Frankfurt Stock Exchange and in Xetra trading.
 

Traumhaus AG Investor Relations
Michael Bussmann
+49 6122 58653 - 68
m.bussmann@traumhaus-familie.de

Traumhaus AG Press Spokesperson
Christine Stein
+49-6122-58653-555
c.stein@traumhaus-familie.de


21.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Traumhaus AG

Borsigstraße 20a

65205 Wiesbaden

Germany

Phone:

+49 (0) 6122 586 53 0

Fax:

+49 (0) 6122 586 53 53

E-mail:

info@traumhaus-familie.de

Internet:

www.traumhaus-familie.de

ISIN:

DE000A2NB7S2

WKN:

A2NB7S

Listed:

Regulated Unofficial Market in Frankfurt, Munich

EQS News ID:

1186940


 

End of News

DGAP News Service

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