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DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE off to a Good Start to the Year: FFO Rises by 74 %, Forecast confirmed

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Quarterly / Interim Statement


DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE off to a Good Start to the Year: FFO Rises by 74 %, Forecast confirmed


15.05.2019 / 07:00



The issuer is solely responsible for the content of this announcement.


 

DEMIRE off to a Good Start to the Year: FFO Rises by 74 %, Forecast confirmed

- FFO I (after tax, before minority interests) up 74 % to EUR 8.9m (Q1 2018: EUR 5.2m)

- EBT without valuation effect at EUR 7.1m, up from EUR -1.6m (EUR 30.5m including valuation effect) in Q1 2018

- Vacancy rises as expected by 80 basis points to 8.3 % since year-end 2018

- Rental income stable at EUR 18.2m despite sales (Q1 2018: EUR 18.3m)
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