Brief: DEMIRE 9M Rental Income Up At EUR 65.8 Mln

Demire Deutsche Mittelstand Real Estate AG

17/11/2020 06:07

Nov 17 (Reuters) - DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE
AG  DMRE.DE :
    * 9-MONTH RENTAL INCOME UP 9.5% TO EUR 65.8 MILLION (9M
2019: EUR
60.1 MILLION)
    * 9-MONTH - FFO I (AFTER TAXES, BEFORE MINORITIES) RISES
SIGNIFICANTLY BY 23.1% TO EUR 30.1 MILLION (9M 2019: EUR 24.5
MILLION)
    * CEO INGO HARTLIEF: "DESPITE RENEWED CORONA RESTRICTIONS,
WE
CONFIRM OUR 2020 GUIDANCE FOR RENTAL INCOME AND FFO I."
    * CONFIRMS FORECAST FOR 2020 FINANCIAL YEAR PUBLISHED ON 18
AUGUST
    * ANTICIPATES AN INCREASE IN KEY FIGURES COMPARED WITH 2019
FINANCIAL YEAR
    * OUTLOOK 2020: RENTAL INCOME WILL BE BETWEEN EUR 85 AND 87
MILLION (2019: EUR 81.8 MILLION), AND FFO I EXPECTED TO BE
BETWEEN EUR 36 AND 38 MILLION (2019: EUR 34.5 MILLION)

Source text for Eikon:  ID:nEQ9d7ZZda 
Further company coverage:  DMRE.DE 

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