TTL Beteiligungs- und Grundbesitz-AG

After an internal review and in consultation with the auditor, TTL Beteiligungs- und Grundbesitz has postponed the publication of the audited 2025 annual and consolidated financial statements. The reason is a scheduling delay at the Branicks Group, whose financial figures TTL will first await; the statements are to be completed and published immediately after Branicks' release (expected by June 30, 2026). » Mere på de.investing.com

The auditor Rödl Audit has issued a disclaimer of opinion for the 2024 annual and consolidated financial statements because it was unable to obtain sufficient audit evidence. Among the objections are missing updated liquidity forecasts and going-concern evidence, unclear valuation documentation for significant equity positions (TTL Beteiligungs GmbH; TTL Real Estate GmbH), incomplete disclosures on related-party relationships, and missing documentation for write-downs related to amended loan agreements. The supervisory board will shortly discuss further handling, and the company is informing the capital market about material developments. » Mere på de.investing.com

TTL Beteiligungs- und Grundbesitz-AG provisionally reports a presumed loss amounting to half of its share capital under §92 AktG after recognizing non-recurring write-downs on investments of about EUR 15.7m. The management board notes that, in its view, amendments to loan agreements with TTL Real Estate Mezzanine Investments GmbH & Co. KG (about EUR 51.2m) eliminate the equity effect, but due to legal uncertainties it is nevertheless convening an extraordinary general meeting without delay. » Mere på finanzen.net