Brief: DIC Asset 9-Month Net Income At EUR 51.2 Million

BRANICKS AG

11/11/2021 06:12

Nov 11 (Reuters) - DIC ASSET AG  DICn.DE :
    * EMBARKS ON DYNAMIC YEAR-END RALLY: FFO RESULT REACHED NEW
RECORD
HIGH AFTER FIRST NINE MONTHS - ANNUAL TARGETS FOR 2021 CLEARLY
WITHIN REACH
    * ANNUAL TARGETS FOR 2021 CLEARLY WITHIN REACH
    * 9-MONTH TOTAL INCOME EUR 284.8 MILLION
    * 9-MONTH EBITDA EUR 120.3 MILLION
    * 9-MONTH EBIT EUR 88.0 MILLION
    * 9-MONTH CONSOLIDATED NET INCOME EUR 51.2 MILLION
    * COMPANY CONTINUES TO PURSUE MEDIUM-TERM GROWTH TARGET OF
RAISING
ITS ASSETS UNDER MANAGEMENT TO EUR 15 BILLION
    * GIVEN PERSISTENTLY SOUND OUTLOOK FOR OPERATING PERFORMANCE
IN
Q4, COMPANY ISSUED THIS SLIGHTLY MORE SPECIFIC YEAR-END FORECAST
FOR 2021: GROSS RENTAL INCOME IS NOW EXPECTED TO EQUAL AT LEAST
EUR 107 TO 108 MILLION DUE TO CURRENT WAREHOUSING ACTIVITIES

Further company coverage:  DICn.DE 

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