Excellent credit rating

We provide our own funds for company acquisitions. The profits generated by our subsidiaries are also reinvested into the Group.

Free from bank debt

We and our subsidiaries are financed on a stand-alone basis, where each entity has their own credit ratings and are currently free of bank debt.

Strong balance sheet with above-average equity ratio

At over 40 percent, our equity ratio is well above average.

Regular review of balance sheet data by external rating agencies

We regularly have the balance sheet data of the companies in our ARE Group reviewed by independent rating agencies.


In recent years, the ARE Group has grown rapidly. The existing business areas have been successfully developed and expanded.

This is also reflected in the significant growth in total operating performance (18,31 % CAGR – 2020-2023).

Performance & profitability (in € million)

Number of employees