Added to YB: 2026-06-01
Pitch date: 2026-05-28
UBS.VI [neutral]
UBM Development AG
Author Info
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Company Info
UBM Development AG, together with its subsidiaries, engages in the development, management, and sale of real estate properties in Germany, Austria, Poland, and internationally.
Market Cap
EUR 129.4M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.81
P/E
N/A
EV/Sales
1.69
Sector
Real Estate Management and Development
Category
turnaround
UBM Development (UBS Austria): higher revenue and a return to positive EBT
UBS.VI (earnings): Q1 rev €31.6m (+11% YoY), 88 units sold. EBT €0.3m, 4th consecutive positive vs prior-yr loss on stronger equity contributions, lower costs. Net loss €-2.1m on hybrid charges. NAV/share ex-hybrids stable €30.5. Cash €168m (vs €118m); net debt fell to €484m; 34% equity ratio. Headcount -8%. No 2026 guidance citing macro uncertainty; affordable housing portfolio rotation begins. Gradual recovery.
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