PATRIZIA SE · ISIN: DE000PAT1AG3 · EQS - adhoc news

Publication of Annual Report 2024 on 10 April 2025 due to a retrospective adjustment of the comparison periods 2022 and 2023 – FY 2024 EBITDA in the middle of guidance range of EUR 30 – 60m

During the audit assessment a new accounting perspective has emerged regarding a M&A-specific matter, which also impacts the financial years 2022 and 2023. In consultation with its auditor PATRIZIA will perform a retrospective restatement of the comparison periods 2022 and 2023 in the publication of its consolidated financial statement 2024. The issue concerns the Whitehelm acquisition conducted in 2022, where contingent purchase price components (“earn-out payments”) being tied to the achie...

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