India, Feb. 25 -- TAG Immobilien AG (TEG.F), a German property company, reported that its preliminary net profit for fiscal year 2024 was 122.1 million euros compared to a loss of 410.9 million euros in 2023.
Annual funds from operations I or FFO I was 175.1 million euros up from 171.7 million euros last year. FFO I per share was 1.00 euros up from 0.98 euros in the previous year.
But FFO II per share was 1.36 euros down from 1.46 euros in the prior year.
Rental income, net actual rent, increased to 360.2 million euros from 350.8 million euros in the prior year.
All guidance for the 2025 financial year and the dividend forecast for fiscal year 2024 of 0.40 euros per share have been confirmed.
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