Brief: DEMIRE Issues New 2020 Guidance

Demire Deutsche Mittelstand Real Estate AG

18/08/2020 13:40

Aug 18 (Reuters) - DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE
AG  DMRE.DE :
    * NEW 2020 GUIDANCE ABOVE PREVIOUS YEAR'S RESULTS
    * PLANS RENTAL INCOME OF BETWEEN EUR 85 AND 87 MILLION
(2019: EUR
81.8 MILLION) FOR 2020 FINANCIAL YEAR, AND FFO I* (AFTER TAXES,
BEFORE MINORITIES) IS EXPECTED TO BE BETWEEN EUR 36 AND 38
MILLION (2019: EUR 34.5 MILLION)
    * GUIDANCE IS BASED ON ASSUMPTION THAT THERE WILL BE NO
FURTHER
LOCKDOWN IN GERMANY AND DOES NOT TAKE INTO CONSIDERATION
POSSIBLE ACQUISITIONS AND/OR DISPOSALS OF DEMIRE IN SECOND HALF
OF 2020

Source text for Eikon:  ID:nEQ7CTsrca 
Further company coverage:  DMRE.DE 

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