Westgrund Aktiengesellschaft Reports Preliminary Consolidated Revenue Results for the Year 2014; Provides Earnings Guidance for the Year 2014
For the year 2014, the company's earnings before taxes to be 71.6 million and the consolidated net result to be 59.8 million are both expected to more than triple in comparison to the previous year. Funds from operations without gains from the sale of properties (FFO I) are expected to reach 5.6 million and thus more than quadruple in comparison to the previous year. Undiluted NAV per share will increase to 4.24.