Lübke Kelber Presents Growth Strategy at the Annual General Meeting

Frankfurt a. M., 2 September 2024 - Lübke Kelber AG (ISIN: DE000A35JR33), the holding company of Lübke Kelber Group, held its first Annual General Meeting as a listed company in Frankfurt a. M. last week. Marc Sahling, CEO, introduced the company, followed by CFO Christoph Charpentier, who reviewed the past year's figures and provided legal updates.

Steffen Schaack, COO, outlined a four-pillar strategy, highlighting the company's increased market share in the transaction market. Future growth will focus on asset and investment management, aiming to build a portfolio of over 20,000 apartments by 2028. Schaack expressed confidence in market recovery, predicting favorable buying opportunities.

Preliminary figures indicated a slight negative result before taxes of EUR -0.2 million for the first half of the year, with expectations of positive earnings before taxes exceeding EUR 1 million for 2024. The AGM saw 95.89% shareholder representation, with all agenda items approved, including the creation of new authorized capital.