Brief: Deutsche Real Estate Q1 Adjusted EBITDA At EUR 4.1 Million.

Deutsche Real Estate AG

15/05/2020 12:37

May 15 (Reuters) - DEUTSCHE REAL ESTATE AG  DREGa.F :
    * AFTER TAXES, THE CONSOLIDATED PROFIT FOR THE PERIOD IN THE
FIRST
QUARTER OF 2020 WAS EUR 2.9 MILLION AFTER A RESULT OF EUR 2.0
MILLION IN THE CORRESPONDING PERIOD OF THE PREVIOUS YEAR.
    * OUTLOOK 2020: EFFECTS OF THE COVID 19 PANDEMIC ON THE
BUSINESS
DEVELOPMENT CANNOT BE ESTIMATED AT PRESENT
    * ADJUSTED EBITDA FOR THE FIRST THREE MONTHS OF 2020 WAS EUR
4.1
MILLION.
    * OUTLOOK 2020: CURRENTLY MAINTAINING ITS FORECAST OF INCOME
FROM
INVESTMENT PROPERTIES IN A RANGE OF EUR 24.0 MILLION TO EUR 25.0
MILLION
    * OUTLOOK 2020: ADJUSTED EBITDA IN A RANGE OF EUR 15.5
MILLION TO
EUR 16.5 MILLION

Source text for Eikon:  ID:nPex1Zdrka 
Further company coverage:  DREGa.F 

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