Aug 20, 2024 / NTS GMT
Operator
Hello, and welcome to the alstria results H1 conference call. (Operator Instructions) Please note this call is being recorded.
Today, I am pleased to present Olivier Elamine. Please begin your meeting.
Olivier Elamine - alstria office REIT AG - Chief Executive Officer, Member of the Management Board
Thank you very much, and welcome from sunny and hot Hamburg this afternoon. My name is Olivier Elamine. I'm the CEO of alstria, and I'm here today with Ralf Dibbern, which you know well is heading our Investor Relation presentation.
Jumping into the presentation itself, a very short disclaimer on the duty to update and the forward-looking statement. And without undue delay, moving into the presentation itself. The operating business has moved according to our plan so far with the revenue up 6.3% year-on-year. The FFO is down to EUR41.5 million, 13% as expected, which is mainly reflected the increase in financing costs.
And we have a reasonably busy year on the letting activity with substantial number of new leases around 32,000 square meters
Half Year 2024 alstria office REIT AG Earnings Call Transcript
Aug 20, 2024
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