Brief: Deutsche Konsum REIT FY Rental Income Up 47% To EUR 42.0 Million

Deutsche Konsum Real Estate AG

18/11/2019 06:05

Nov 18 (Reuters) - Deutsche Konsum REIT AG  DKG.DE :
    * DGAP-NEWS: DEUTSCHE KONSUM REIT WITH A STRONG FINANCIAL
YEAR
2018/2019 / ACQUISITIONS OF MORE THAN EUR 25 MILLION IN THE NEW
FY ALREADY
    * DIVIDEND PROPOSAL OF EUR 0.35 PER SHARE
    * DIVIDEND FORECAST OF EUR 0.55 PER SHARE FOR FINANCIAL YEAR
2019/2020
    * FY RENTAL INCOME UP 47% TO EUR 42.0 MILLION
    * NET INCOME OF EUR 53.3 MILLION FOR YEAR 2018/2019
    * FY FUNDS FROM OPERATIONS ("FFO") INCREASED EVEN MORE
STRONGLY BY
55% FROM EUR 16.6 MILLION TO EUR 25.8 MILLION
    * FOR NEW FINANCIAL YEAR 2019/2020, MANAGEMENT BOARD EXPECTS
FFO
OF BETWEEN EUR 34 MILLION AND EUR 36 MILLION.

Source text for Eikon:  ID:nEQbvN5vTa 
Further company coverage:  DKG.DE 

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