DGAP-Adhoc: Deutsche EuroShop: valuation result 2019 expected to be approximately EUR-123 million
DGAP-Ad-hoc: Deutsche EuroShop AG / Key word(s): Real Estate/Miscellaneous Deutsche EuroShop: valuation result 2019 expected to be approximately EUR-123 million The main factors influencing the valuation included on average slightly increased yields for shopping centers in Germany, investments in the modernization and positioning of the existing portfolio as well as the rent development. The occupancy ratio of the shopping center portfolio according to EPRA fell slightly to 97.6% (-1.0 percentage point). The valuation result for the real estate properties is still subject to change, as additional items relevant to the valuation may come to light during the preparation of the annual financial statements. The publication of Deutsche EuroShop AG's preliminary results for the financial year 2019 is planned for 19 March 2020. This notice contains complementary financial figures that are not precisely defined by the relevant accounting standards and that (may) represent alternative performance indicators. These complementary financial figures should not be considered in isolation or as an alternative to the figures presented in the consolidated financial statements and determined in accordance with the relevant accounting standards when evaluating the assets, financial position and results of operations of Deutsche EuroShop. Such alternative performance indicators may be calculated differently but labelled similarly by other companies. For explanations regarding the financial figures used, please consult www.deutsche-euroshop.de/Investor-Relations/Service/Glossary/ Person making the notification: Patrick Kiss, Head of Investor & Public Relations
07-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Deutsche EuroShop AG |
Heegbarg 36 | |
22391 Hamburg | |
Germany | |
Phone: | +49 (0)40 413 579-0 |
Fax: | +49 (0)40 413 579-29 |
E-mail: | [email protected] |
Internet: | www.deutsche-euroshop.de |
ISIN: | DE0007480204 |
WKN: | 748020 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 948193 |
End of Announcement | DGAP News Service |
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948193 07-Jan-2020 CET/CEST
Deutsche EuroShop AG Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Deutsche EuroShop AG stock is not clear.
With a target price of 25 € there is a slightly positive potential of 7.53% for Deutsche EuroShop AG compared to the current price of 23.25 €.