Deutsche Konsum REIT Reports Earnings Results for the First Nine Months of Fiscal 2018; Provides Earnings Guidance for the Fiscal Year 2018 and 2019
The Management Board confirmed the forecast to achieve a FFO of at least EUR 16 million but adjusts the upper end of the range to EUR 18 million. Furthermore, the Management Board confirms the forecast to achieve a FFO Run Rate of EUR 23 million as of 30 September 2018.
On the basis of the current planning, this results in a FFO of between EUR 25 and 28 million as well as a FFO Run rate of about EUR 33 million for the following financial year 2018/2019 (as at 30 September 2019).