Brief: DEMIRE Deutsche Mittelstand Q1 EBIT At About EUR 12.9 Mln

Demire Deutsche Mittelstand Real Estate AG

19/05/2020 06:13

May 19 (Reuters) - DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE
AG  DMRE.DE :
    * DEMIRE WITH A SUCCESSFUL START INTO THE YEAR 2020: RENTAL
INCOME
AND FFO GROW SIGNIFICANTLY IN THE FIRST QUARTER
    * Q1 RENTAL INCOME RISES TO EUR 22.0 MILLION
    * Q1 FFO I (AFTER TAXES, BEFORE MINORITIES) IMPROVES BY 7.7
PERCENT TO EUR 9.6 MILLION
    * EFFECTS OF COVID-19 PANDEMIC MODERATE THUS FAR
    * Q1 EBIT AMOUNTED TO AROUND EUR 12.9 MILLION, AND PROFIT /
LOSS
BEFORE TAXES (EBT) ROSE BY 12.0 PERCENT TO EUR 8.0 MILLION
    * REFRAINS FROM ISSUING AN UPDATED GUIDANCE FOR REMAINDER OF
2020
FINANCIAL YEAR

Source text for Eikon:  ID:nEQ5xtXmPa 
Further company coverage:  DMRE.DE 

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