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Adler Group SA (ADJ.SG)

Stuttgart - Stuttgart Delayed price. Currency in EUR
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0.1802-0.0050 (-2.70%)
At close: 08:11AM CEST
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Previous close0.1852
Open0.1802
Bid0.1852 x N/A
Ask0.2190 x N/A
Day's range0.1802 - 0.1802
52-week range0.1650 - 0.8660
Volume0
Avg. volume8,074
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date25 Apr 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    German landlord Adler Group devalues portfolio by one billion euros

    (Reuters) -German real estate firm Adler Group on Tuesday said it had devalued its real estate portfolio by 1 billion euros ($1.08 billion) after its losses deepened in the first half on rising interest rates. The company posted a January-June loss of one billion euros, widening from a loss of 604 million euros a year earlier. Adler, one of Germany's biggest landlords, is fighting a liquidity crisis, triggered by a downturn in the domestic property market, rising energy and building prices caused by Russia's invasion of Ukraine and the fallout from the COVID-19 pandemic.