Deutsche Konsum REIT-AG : 2017-18 preliminary figures in line – portfolio expansion on track
>Solid 2017-18 figures – overall in line with our estimates - Deutsche Konsum (DKR) released a solid set of preliminary figures on 14 November for its fiscal year 2017-18 (September) which confirmed our positive stance on the shares. Rental income increased +52% yoy to € 29.3m (2016-17: € 19.6m), slightly below our estimate of 31m. EBIT came in at € 35.6m down 15% due to lower valuation gains, and was slightly below our estimate of € 36.6m. The company booked valuatio...Deutsche Konsum REIT AG. Deutsche Konsum REIT AG is a Germany-based real estate investment company. It focuses on the acquisition, rental, inventory management, and sale of retail properties across Germany, with focus on regional centers and micro-locations in the northern and eastern part of Germany.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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