Deutsche EuroShop AG 2019 AR2
The report details the financial and operational performance of Deutsche EuroShop AG for the fiscal year 2019. The company achieved a slight revenue increase of 0.4% to ’225.9 million, with EBIT at ’197.5 million and EBT (excluding measurement gains/losses) rising 1.4% to ’163.1 million. Funds from operations (FFO) remained stable at ’2.42 per share. The report highlights the impact of the corporate restructuring completed in late 2019, which resulted in a substantial tax income of ’69.4 million from the reversal of deferred taxes. Additionally, the report addresses the initial impacts and uncertainties of the COVID-19 pandemic on retail operations and tenant liquidity, leading to the suspension of the 2019 dividend to secure company liquidity.
Company: Deutsche EuroShop AG
Sector: Real estate
Country: Germany
Year: 2019
Type: AR2
Pages: 82
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Deutsche EuroShop AG
Magazine
The report details the financial and operational performance of Deutsche EuroShop AG for the fiscal year 2019. The company achieved a slight revenue increase of 0.4% to ’225.9 million, with EBIT at ’197.5 million and EBT (excluding measurement gains/losses) rising 1.4% to ’163.1 million. Funds from operations (FFO) remained stable at ’2.42 per share. The report highlights the impact of the corporate restructuring completed in late 2019, which resulted in a substantial tax income of ’69.4 million from the reversal of deferred taxes. Additionally, the report addresses the initial impacts and uncertainties of the COVID-19 pandemic on retail operations and tenant liquidity, leading to the suspension of the 2019 dividend to secure company liquidity.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees