FCR Immobilien AG: Solid start into 2025 with strong numbers!
FCR Immobilien AG reports solid Q1 figures for 2025: EBT at 2.1 million euros, FFO at 1.8 million euros and high occupancy rate.
FCR Immobilien AG: Solid start into 2025 with strong numbers!
FCR Immobilien AG published the quarterly figures for the first financial year on May 16, 2025, thereby demonstrating its solid start to 2025. The company reported earnings before taxes (EBT) of 2.1 million euros, compared to 3.6 million euros in the first quarter of 2024. Funds from operations (FFO) also fell slightly at 1.8 million euros, after being 2.0 million euros in the previous year.
However, a positive development can be seen in the cost of materials, which was reduced from 1.8 million euros to 1.6 million euros, which was mainly achieved through digitalization measures. In addition, financial expenses were reduced from 3.7 million euros in the same quarter of the previous year to 3.0 million euros.
Rental and portfolio
Fortunately, FCR Immobilien AG's occupancy rate was 94.1% at the end of the first quarter. This is an important indication of the stability of the company, which specializes in shopping and retail parks in Germany. The current portfolio includes over 80 properties that generate an annualized actual net rent of more than 31 million euros.
The average remaining term of the rental agreements (WAULT) is 5.7 years, which indicates long-term planning. Numerous well-known brands are represented as tenants, including EDEKA, Netto, ROSSMANN, REWE and NORMA, which increases the diversification and stability of rental income.
Current market situation
FCR Immobilien AG remains optimistic and sees itself on the right course for successful development in the current 2025 financial year. The continuous improvement of the financial indicators and the efficient cost structure give the company the opportunity to maintain its existence even in a challenging market environment.
The FCR share (WKN A1YC91, ISIN DE000A1YC913) is listed in m:access on the Munich Stock Exchange and in the General Standard of the Frankfurt Stock Exchange. This solid foundation enables FCR Immobilien AG to continue to consolidate and expand its position in the German real estate market. Further details on the quarterly figures can be found in the reports from Bond Finder as well as MarketScreener.