Deutsche EuroShop H1 revenue rises on higher contractual rents, settlement payments

Deutsche EuroShop SE

13/08/2026 17:10

Overview
Germany shopping center investor's H1 revenue rose 1.5%, consolidated profit up 2.0%
Company confirmed full-year 2026 forecast amid subdued consumer sentiment

Outlook
Deutsche EuroShop confirms 2026 revenue forecast of €269 mln to €277 mln
Company maintains 2026 EBIT outlook at €211 mln to €219 mln
Deutsche EuroShop expects 2026 FFO of €134 mln to €142 mln or €1.77 to €1.87 per share

Result Drivers
RENTAL GROWTH - Co said higher contractual rents and settlement payments from tenants drove revenue increase
TENANT SALES - Tenants’ turnover in shopping centers rose 2.4% year-on-year, supporting rental income
PROPERTY VALUES - Slight improvement in property values attributed to continued rental growth

Company press release: ID:nEQbSr4L7a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 133.30 mln
 
H1 EPS
 
EUR 0.94
 
H1 FFO
 
EUR 69.60 mln
 
H1 EPRA Earnings
 
EUR 68 mln
 
H1 FFO Per Share
 
EUR 0.92
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
Wall Street's median 12-month price target for Deutsche EuroShop AG is €19.15, about 4.2% above its August 12 closing price of €18.38
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Aug 13 - Germany's DEMIRE H1 rental income falls due to property sales; raises 2026 outlook 
Aug 12 - Shopping centre operator Citycon's Q2 rental income rises on growth in mall leasing

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)