Brief: Deutsche EuroShop H1 EBIT Down At EUR 78.5 Million

Deutsche Euroshop AG

13/08/2020 17:04

Aug 13 (Reuters) - DEUTSCHE EUROSHOP AG  DEQGn.DE :
    * FURTHER STABILISATION OF THE OPERATING BUSINESS AFTER THE
LOCKDOWN - HALF-YEAR RESULTS FOR 2020 SIGNIFICANTLY INFLUENCED
BY THE EFFECTS OF THE CORONAVIRUS PANDEMIC
    * H1  EPRA EARNINGS PER SHARE: EUR 0.97
    * H1 NET ASSET VALUE PER SHARE (EPRA): EUR 39.73
    * GENERATED NET OPERATING INCOME (NOI) OF EUR 80.0 MILLION
IN
FIRST HALF OF 2020
    * H1 EARNINGS BEFORE TAXES AND MEASUREMENT GAINS/LOSSES
DROPPED TO
EUR 62.1 MILLION (-24.2%). EPRA EARNINGS SANK TO EUR 59.8
MILLION
    * H1 EBIT FELL ACCORDINGLY TO EUR 78.5 MILLION
    * H1 REVENUE AT EUR 109.4 MILLION (-2.2% COMPARED WITH SAME
PERIOD
IN PREVIOUS YEAR)
    * IT IS NOT POSSIBLE TO PROVIDE A RELIABLE OUTLOOK ON
FULL-YEAR
PERFORMANCE AT THIS TIME.

Source text for Eikon:  ID:nEQ3WNn9Ja 
Further company coverage:  DEQGn.DE 

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