Nov 13, 2024 / 09:00AM GMT
Operator
(Operator instructions) It's a pleasure to hand over to Martin Thiel CFO. Please go ahead.
Martin Thiel - TAG Immobilien AG - Chief Financial Officer, Member of the Management Board
Yeah, many thanks and good morning. All, many thanks for dialling in for our conference call for the Q3 2024 results.
Let's start right away with the presentation and I'm on slide number four, which shows the highlights of the third quarter, 2024. And basically, we want to discuss the slide 5 areas with you. Firstly, in the operation of business for financial year 2024 is well on track FF01 was basically unchanged compared to previous year as expected, net income from stage in Poland was even a little bit better than expected.
Quite a strong increase by nearly 40% to EUR39 million and that means also that we had a good development in the FF02 looking at the operational business in Germany, I think we performed here very well, quite a strong increase in like for like rental growth in the German portfolio now including the impacts of a reduction at 2.8% at 30
Q3 2024 TAG Immobilien AG Earnings Call Transcript
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