Branicks Group Ag · XETR:BRNK
Branicks — Corporate Update (October 2026)
9 slides from Branicks's corporate update, Oct 2, 2026
Slide 1: Market Update Presentation
Market Update Presentation 2nd October 2026
Slide 2: Disclaimer (1/2)
Disclaimer (1/2) IMPORTANT: Please read the following before continuing. The following applies to this document (the “Information”), which has been prepared by Branicks Group AG (the “Company” and, together with its subsidiaries, the “Group”) solely for information purposes. The Information is solel
Slide 3: Disclaimer (2/2)
Disclaimer (2/2) The Information contains views, beliefs and opinions of the Company and its management and such Information may constitute or include forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “plans”, “
Slide 4: Executive summary
Executive summary - This presentation summarises the results of the updated restructuring opinion. In comparison to the market update presentation published on 30 July 2026, the key updates pertain to the following: - Incorporation of updated developments in comparison to the previous draft, primari
Slide 5: Weekly liquidity forecast until CW51 (w/c 14-Dec-26)
Weekly liquidity forecast until CW51 (w/c 14-Dec-26) Consolidated Branicks Group AG Branicks AG and VIB standalone Branicks AG in €m Chart Title in €m Chart Title VIB 70 70 60 60 50 50 40 40 30 30 20 20 10 10 - - - Liquidity forecast of Branicks Group AG (i.e. with VIB) and Branicks AG as well as VI
Slide 6: Key Financial Metrics (1/2)
Key Financial Metrics (1/2)(1) GRI (€m) Real Estate Management Fees (€m) EBITDA (€m) 138 113 116 115 105 112 95 88 86 74 71 66 64 67 59 62 58 41 FY25 FY26 FY27 FY28 FY29 FY30 FY25 FY26 FY27 FY28 FY29 FY30 FY25 FY26 FY27 FY28 FY29 FY30 - Gross rental income reducing post asset sales FY25- - EBITDA dr
Slide 7: Key Financial Metrics (2/2)
Key Financial Metrics (2/2)(1) Operating cash flow (€m) / FFO(2) (€m) Capex (€m) Net Income(3) (€m) Operating cash flow FFO 1 7 90 (22) 83 82 80 79 69 (105) 65 55 47 46 40 39 37 39 39 (212) 18 16 16 (237) FY25 FY26 FY27 FY28 FY29 FY30 FY25 FY26 FY27 FY28 FY29 FY30 FY25 FY26 FY27 FY28 FY29 FY30 - Cas
Slide 8: Key Credit Metrics (1/2)
Key Credit Metrics (1/2)(1) Debt(2) (€m) LTV ICR PropCo Debt Senior Secured Principal Adj. LTV (incl. Subordinated Principal) ICR VIB Debt Subordinated Principal Adj. LTV (excl. Subordinated Principal) Proposed ICR covenant New Money Branicks [x] Repayment of Senior New Money VIB Secured Principal P
Slide 9: Key Credit Metrics (2/2)
Key Credit Metrics (2/2)(1) Book equity (€m) / Cash (€m) Net debt (€m) Book equity ratio Book equity / ratio (excl. Subordinated Principal) Book equity / ratio (incl. Subordinated Principal) 1,771 39.4% 37.1% 38.1% 37.8% 36.8% 1,336 29.9% 91 1,170 28.0% 84 26.5% 22.5% 937 18.1% 896 912 921 868 876 1