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MarketScreener Homepage  >  Equities  >  Xetra  >  Demire Deutsche Mittelstand Real Estate    DMRE   DE000A0XFSF0

DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE

(DMRE)
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DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

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01/03/2019 | 07:20am EDT

DGAP-Ad-hoc: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Change of Personnel
DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

03-Jan-2019 / 13:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


DEMIRE AG: Dismissal of Mr. Ralf Kind as member of the Executive Board

Langen, Germany, 03 January 2019 - The Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG today dismissed Mr. Ralf Kind as member of the Executive Board of the Company with immediate effect. Mr. Ingo Hartlief, Chairman of the Executive Board, will temporarily assume the previous responsibilities of Mr. Ralf Kind. The position of a member of the Executive Board for finance shall be appointed as quickly as possible.

The dismissal of Mr. Kind is in no way connected with the performance or strategic positioning of the Company. The increased forecast for rental income of around EUR 74 million and for FFO I (after taxes, before minorities) of around EUR 23-24 million for the 2018 financial year remains unchanged.
 
Contact:
Peer Schlinkmann
Head of Investor Relations & Corporate Communications
DEMIRE Deutsche Mittelstand Real Estate AG
Telephone: +49 (0)6103 3724944
E-Mail: schlinkmann@demire.ag

03-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11 im 'the eleven'
63225 Langen (Hessen)
Germany
Phone: +49 6103 37249-0
Fax: +49 6103 37249-11
E-mail: ir@demire.ag
Internet: www.demire.ag
ISIN: DE000A0XFSF0
WKN: A0XFSF
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

763185  03-Jan-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=763185&application_name=news&site_id=zonebourse

© EQS 2019
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Financials (EUR)
Sales 2019 82,3 M
EBIT 2019 108 M
Net income 2019 69,3 M
Debt 2019 663 M
Yield 2019 -
P/E ratio 2019 7,93x
P/E ratio 2020 9,78x
EV / Sales2019 14,1x
EV / Sales2020 13,6x
Capitalization 501 M
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 5,07  €
Last Close Price 4,57  €
Spread / Highest target 22,5%
Spread / Average Target 10,9%
Spread / Lowest Target -3,72%
EPS Revisions
Managers
NameTitle
Ingo Hartlief Chairman-Executive Board
Alexander Goepfert Chairman-Supervisory Board
Tim Brückner Chief Financial Officer
Frank Hölzle Vice Chairman
Thomas Wetzel Member-Supervisory Board