Brief: DIC Asset: Q1 EBITDA At EUR 30.5 Mln

BRANICKS AG

10/05/2022 06:35

May 10 (Reuters) - DIC ASSET AG  DICn.DE :
    * DURING FIRST QUARTER OF 2022: OUTSTANDING RESULTS IN TERMS
OF
GROWTH, LETTINGS AND SUSTAINABILITY
    * MODERATE YEAR-ON-YEAR INCREASE IN FFO AT EUR 26.7 MILLION
IN Q1
    * Q1 EBITDA OF 30.5 MILLION EUR
    * Q1 EBIT OF 19.7 MILLION EUR
    * EXPECTS FULL CONSOLIDATION OF VIB VERMÖGEN AG AS OF 1
APRIL 2022
TO TRANSLATE INTO AN INCOME CONTRIBUTION DURING REMAINING NINE
MONTHS OF ONGOING FINANCIAL YEAR
    * NOW ANTICIPATES A GROSS RENTAL INCOME BETWEEN EUR 170 AND
180
MILLION AND FUNDS FROM OPERATIONS (BEFORE TAXES, AFTER MINORITY
INTERESTS) BETWEEN EUR 130 AND 136 MILLION FOR 2022 FINANCIAL
YEAR AS A WHOLE

Source text for Eikon:  ID:nEQ2K46hQa 
Further company coverage:  DICn.DE 

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