Brief: Defama Deutsche Fachmarkt Expects Earnings Leap Due To Planned Acquisitions

Defama Deutsche Fachmarkt AG

12/02/2020 12:06

Feb 12 (Reuters) - DEFAMA DEUTSCHE FACHMARKT AG  DEF.DE :
    * FACES A LEAP IN EARNINGS DUE TO THE PLANNED ACQUISITIONS
    * IF ALL TRANSACTIONS ARE COMPLETED, THE ANNUALIZED FFO IS
EXPECTED TO INCREASE BY AROUND 15% TO € 6.5 MILLION, WHICH
CORRESPONDS TO € 1.47 PER SHARE
    * CORRESPONDING SALES CONTRACTS ARE SCHEDULED FOR EARLY
MARCH.
    * DATE OF RESPECTIVE CHANGE OF BENEFIT/BURDEN AND THUS
AMOUNT OF
CONTRIBUTION TO EARNINGS IN FY 2020 HAS NOT YET BEEN DETERMINED

Source text for Eikon:  ID:nEQ1QwnfZa 
Further company coverage:  DEF.DE 

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