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DKG — Deutsche Konsum Real Estate AG News Story

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Germany's Deutsche Konsum Q1 FFO rises on lower interest expenses

Overview

Germany retail property firm's Q1 rental income decreased due to planned property sales

FFO rose to EUR 7.4 mln, driven by lower interest expenses

Company progresses with restructuring via capital increase and property sales

Outlook

Company forecasts rental income of EUR 58 mln to EUR 63 mln for fiscal year 2025/2026

Company expects reduction in financing expenses due to restructuring measures

Earnings performance dependent on property sales and restructuring measures

Result Drivers

PROPERTY SALES - Rental income decreased as planned due to property sales, impacting Q1 results

LOWER INTEREST EXPENSES - FFO increased to EUR 7.4 million, largely driven by lower interest expenses

RESTRUCTURING MEASURES - Progress in restructuring through capital increase and property sales

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Rental IncomeEUR 16.90 mln
Q1 FFOEUR 7.40 mln
Analyst Coverage The one available analyst rating on the shares is "hold" The average consensus recommendation for the real estate services peer group is "buy." Wall Street's median 12-month price target for Deutsche Konsum Real Estate AG is €3.80, about 123.5% above its February 12 closing price of €1.70 Press Release: ID:nEQ71wsgFa 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.)

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