Gateway Real Estate AG: Forecast for the fiscal year 2023

About this update from Gateway Real Estate Ag

EQS-Ad-hoc: Gateway Real Estate AG / Key word(s): Forecast/Real Estate Gateway Real Estate AG: Forecast for the fiscal year 2023 24-Apr-2023 / 17:59 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. Gateway Real Estate AG: Forecast for the fiscal year 2023 Berlin, April 24, 2023 . The Management Board and Supervisory Board of Gateway Real Estate AG ("Company" - WKN A0JJTG / ISIN DE000A0JJTG7) adopted in its today's meeting the forecast for the fiscal year 2023. Due to the challenging market conditions and a significantly reduced transaction speed, in particular as a result of the changed interest rate environment, the Company expects an EBIT adjusted* of EUR 5 to 15 million (fiscal year 2022: EUR 18.4 million based on preliminary and as yet unaudited figures) and earnings before taxes (EBT) of EUR -10 to 0 million (fiscal year 2022: EUR -32.5 million based on preliminary and as yet unaudited figures). * EBIT adjusted: Operating income plus income from investments accounted for using the equity method.   Contact Sven Annutsch Hardenbergstr. 28a 10623 Berlin T +49 (0) 30 40 363 47 – 11 F +49 (0) 30 40 363 47 99 E-Mail: [email protected] www.gateway-re.de End of Inside Information 24-Apr-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: Gateway Real Estate AG Hardenbergstraße 28a 10623 Berlin Germany Phone: +49 (0) 30 40 363 47 - 0 Fax: +49 (0) 30 40 363 47 99 E-mail: [email protected] Internet: www.gateway-re.de ISIN: DE000A0JJTG7 WKN: A0JJTG Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1615565   End of Announcement EQS News Service 1615565  24-Apr-2023 CET/CEST

View stock analysis, news, and events for Gateway Real Estate Ag