Brief: Deutsche Real Estate 9-month Profit After Taxes Up At EUR 27.9 Million

Deutsche Real Estate AG

13/11/2020 14:31

Nov 13 (Reuters) - Deutsche Real Estate AG  DREGa.F :
    * FINANCIAL RESULT IMPROVED SIGNIFICANTLY FROM EUR -3.9
MILLION IN
THE FIRST NINE MONTHS OF 2019 TO NOW EUR -0.1 MILLION.
    * ADJUSTED EBITDA) OF EUR 13.0 MILLION IN THE FIRST NINE
MONTHS OF
2020 AFTER EUR 15.4 MILLION IN THE SAME PERIOD OF THE PREVIOUS
YEAR.
    * 9-MONTH CONSOLIDATED PROFIT AFTER TAXES WAS EUR 27.9
MILLION
(COMPARISON PERIOD 2019: EUR 26.2 MILLION)
    * CONFIRMS THE FORECAST AND CONTINUES TO ASSUME THAT
ADJUSTED
EBITDA WILL BE IN A RANGE OF EUR 15.5 MILLION TO EUR 16.5
MILLION IN THE 2020 FINANCIAL YEAR

Source text for Eikon:  ID:nPexr20qCa 
Further company coverage:  DREGa.F 

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