DGAP-News: Traumhaus AG / Key word(s): Preliminary Results/Forecast
Traumhaus AG: Traumhaus AG presents preliminary consolidated results for 2018 Forecast: Growth course will be consistently continued CEO Sinner: The future belongs to serial construction

09.04.2019 / 14:14
The issuer is solely responsible for the content of this announcement.


Traumhaus AG presents preliminary consolidated results for 2018

Forecast: Growth course will be consistently continued

CEO Sinner: The future belongs to serial construction

 

Wiesbaden, April 9, 2019. Traumhaus AG confirms its consistent growth course. This is evident from the preliminary consolidated results for the 2018 financial year presented today and from the forecast for 2019 and 2020.

In the calendar year 2018, Traumhaus AG including all group companies generated 66 million euros in total output. The turnover of the listed company reached 54 million euros, the EBITDA 8.3 million euros. The forecast for 2019 assumes that the Group will increase its turnover by 36 to 90 million euros. EBITDA will increase by around 5 to 13.5 million euros. For the year 2020, the Management Board expects a further increase in sales of around 20% with a stable EBITDA margin of around 15%.

The Group equity ratio stood at EUR 16 million at the end of 2018 at 13%. The further strengthening of equity remains a declared priority in order to be able to achieve even better credit conditions.

CEO Otfried Sinner explains the positive development with three key points: "First: Everyone is talking about affordable housing today - Traumhaus AG shows how this can be successfully achieved in the market. We combine serial construction with a sophisticated standardization, which we have perfected within 25 years of experience." This lowers complexity and costs and moreover helps to master the increasing regulation situation in our industry. "The future in the construction industry clearly belongs to serial construction and standardization."

Secondly: Traumhaus accompanies its customers along the entire path, mastering the entire value chain. Sinner: "We offer everything from a single source: from the purchase of land and the planning of entire settlements to the construction, marketing and subsequent care of the real estate." This significantly reduces interfaces, simplifies and speeds up project management for all parties involved, ensuring consistent performance and high quality at all levels. "All in all, that means we have comprehensive control of all costs and value drivers."

Sinner calls the innovative power of the Traumhaus Group the third factor. "In search of optimal standardization, we've been turning every stone around for 25 years, so to speak. The great openness to new ideas is an essential part of our corporate culture." Last year, Traumhaus AG took up the trend towards urban living quarters beyond the city center: The traditional portfolio of terraced and semi-detached houses has been extended by two types of modern multi-family houses.

Also last year, the company launched a strategy against the shortage of skilled workers. For example, an academy is planned in which Traumhaus AG prepares its employees in a structured manner for serial construction. In the next step, digitization and automation will increase the efficiency of traditional work processes.

Traumhaus AG's innovative offer also includes the fast-growing Smart Home business segment. In addition to this is the constant development of future-proof energy concepts. Sinner: "That makes us an even stronger partner for environmentally conscious communities."

After decades of experience in serial and innovative construction, Traumhaus AG can now make the most of its advantages. This clearly shows the forecast for the course of business in 2019 and 2020. "If we have developed a standard, we systematically scale up this solution to thousands of residential units - along the entire value chain." This gives Traumhaus AG a decisive advantage emphasizes, emphasizes the CEO. "The construction industry in Germany is facing an upheaval. We will emerge stronger and stronger from this consolidation. "


About the company

Traumhaus AG is an experienced provider of innovative settlement concepts and serial construction in solid construction. Nationwide, 27 own areas are currently projected. There will be 1,158 terraced houses and semi-detached houses as well as 18 multi-family houses with a total of 244 residential units. This means that 20 percent more units are in the concrete planning stage than at the same time last year. In addition, 358 units are currently under construction, an increase of 40 percent over the same period last year.

The Wiesbaden-based company covers the entire value chain: from land purchase (from 3,000 sqm) and project development through construction and marketing to the subsequent support of real estate. The leitmotiv reads: "We believe that modern and contemporary living can be affordable for everyone." Since August 2018, the Traumhaus AG is a listed stock corporation.


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

Contact Public Relations
Torsten Biallas, b-communication
+49 89 4524 6970 / +49 172 4229605
t.biallas@b-communication.de



09.04.2019 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.

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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: 797613

 
End of News DGAP News Service

797613  09.04.2019 

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