Deutsche Eigenheim Union exceeds forecast consolidated net income for 2022

EQS-Ad-hoc: Deutsche Eigenheim Union AG / Key word(s): Preliminary Results/Change in Forecast Deutsche Eigenheim Union exceeds forecast consolidated net income for 2022 31-March-2023 / 11:37 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. - Revenues increase to approx. 8 million EUR - Consolidated profit rises to approx. 1 million EUR - Expansion of building materials trade for affordable and sustainable energy production   According to preliminary and as yet unaudited figures, the forecast for the 2022 consolidated result is expected to be exceeded. The consolidated profit is expected to double to EUR 1 million.   "The improved consolidated annual result shows that the Eigenheim Union Group is consistently continuing on its growth path. The 2023 financial year is also off to a good start. In the period from December 2022 to March 2023, a total of 42 residential units were placed in a double-digit sales volume. In addition, we have expanded the range of our building materials trade to include complete photovoltaic systems and heat pumps in order to meet the high demand. We now offer our customers a complete package of affordable housing combined with affordable and sustainable energy generation." The full annual report is expected to be published in June 2023. About Eigenheim Union Group Eigenheim Union Group specialises in the realisation of affordable and sustainable housing in the Berlin 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. 31-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	Deutsche Eigenheim Union AG
	Ringbahnstraße 16/18/20
	12099 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	https://deutsche-eigenheim-union.de
ISIN:	DE000A0STWH9
WKN:	A0STWH
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich
EQS News ID:	1598379

End of Announcement	EQS News Service

1598379  31-March-2023 CET/CEST