11.05.2021

DGAP-News: Traumhaus AG

DGAP-News: Traumhaus AG / Key word(s): Real Estate / Review of capital increase
 

Traumhaus AG reviews capital increase
 

Traumhaus AG (Frankfurt, m:access, Xetra, ISIN: DE000A2NB7S2) is examining a capital increase in 2021 in the context of a public offering. This measure is intended to expand the free float and make the share accessible to the general public. This was determined by the Executive Board in a resolution dated May 11, 2021.
 

Otfried Sinner, CEO of Traumhaus AG: "We are very satisfied with the business development, which strengthens us in our business model. Even in times of the Covid 19 pandemic, it is evident that Traumhaus is well positioned with its specialization in serial construction. A good and solid profit forecast for the past fiscal year 2020 as well as the forecast for the current fiscal year 2021 are proof of this. The extensive property portfolio already secured by Traumhaus will lead to annual sales increases averaging at least 15 to 20 percent in the coming years. We have a long-standing and trusting relationship with the same strong business partners who supply us with materials despite the current supply bottlenecks in the market. Our business model of serial production allows us to agree annual order quotas rather than ordering project by project, as is common in our industry. This shows that reliable and constant buyers like Traumhaus AG have a clear advantage when working with their suppliers. From today's perspective, Traumhaus is marginally affected by the shortage of raw materials. Traumhaus would use the funds from the envisaged capital increase for further growth. We are certain that the market in the property development business will continue to consolidate in the medium term and will be dominated by large companies with strong sales. This trend can already be seen today."
 

The final decision on a capital increase through a public offering will be made by the Traumhaus AG Board of Directors based on the prevailing market environment.

 

About Traumhaus AG
Traumhaus AG, founded in 1993 and headquartered in Wiesbaden, Germany, is an experienced provider of innovative housing development concepts and serial construction using solid construction methods. The enterprise covers the entire creation of value chain: of property purchase (starting from 3,500 square meter) and project development over building and marketing up to the following support of the real estates. The guiding principle is: "We have the solution for affordable housing!" The key success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the m:access market segment, as well as in over-the-counter trading on the Frankfurt Stock Exchange and in Xetra trading. In 2020, Tradegate (Berlin), Quotrix (Düsseldorf), Gettex (Munich) and the floor exchanges of Düsseldorf and Stuttgart were added.
 

Traumhaus AG Investor Relations
Michael Bussmann
+49 6122 58653 - 68
m.bussmann@traumhaus-familie.de

Traumhaus AG Press Spokesperson
Christine Stein
+49-6122-58653-555
c.stein@traumhaus-familie.de