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DB Group’s Total Assets Surge To €591 Million As It Announces New Bond Issue

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DB Group has reported another strong financial year, with total assets rising to €591 million and major gains across all performance indicators for the year ending March 2025.

The Group’s Net Asset Value climbed by almost 15%, from €211 million to €241 million, while adjusted EBITDA reached €35.8 million, up 15% year-on-year. Net profit from operations also grew by 30% to €18.6 million, reinforcing the Group’s position as one of Malta’s most profitable and diversified businesses.

Building on this momentum, db Group announced plans to raise €60 million in bonds over the next 12 months to support its ongoing investment strategy and international growth. The first issue, worth €33 million, will open on 7 October, followed by a second €27 million issue in 2026. Both will carry a 5.2% coupon and mature in 2031, initially offered to around 1,700 existing bondholders and institutional investors.

CEO Robert Debono said the results confirm the Group’s ability to deliver consistent growth while pursuing bold projects locally and abroad.

Internationally, db Group is expanding its footprint through ventures such as the Hard Rock Hotel & Residences Ras Al Khaimah, developed with RAK Hospitality Holding, and the Aki Japanese restaurant recently opened in London to strong reviews.

Locally, work continues on the Group’s flagship St George’s Bay development, featuring the Hard Rock Hotel Malta, St George’s Mall, and ORA Residences — a project set to redefine Malta’s luxury landscape.

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