Branicks Group AG (OTCPK:DDCCF)
$ 2.145 0 (0%) Market Cap: 194.43 Mil Enterprise Value: 3.11 Bil PE Ratio: 0 PB Ratio: 0.18 GF Score: 68/100

Q3 2021 DIC Asset AG Earnings Call Transcript

Nov 11, 2021 / 09:00AM GMT
Release Date Price: $18.4
Operator

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Sonja Warntges
DIC Asset AG - Chairwoman of the Management Board & CEO

Thank you very much. Good morning, ladies and gentlemen. A very warm welcome also from my side to DIC's 9 months results conference call. Today, I'm joined, as usual, by my colleagues, Patrick Weiden, CCMO of DIC Asset; Dirk Oehme, our Head of Accounting; and our Investor Relations team leaded by Peer Schlinkmann and also, Max Breuer is with me.

As usual, we will give a quick presentation of our results for the first 9 months, followed by a Q&A session. Before we jump into the details, let me first highlight where we stand in terms of our goals for the year-end 2021. I can already confirm today that we are well on track to achieve our annual targets. We have adjusted our guidance for the gross rental income due to the additional rental cash flows from our warehousing activities to now EUR 107 million to EUR 108 million.

However, all other forecasted key figures and also our FFO target remain unchanged. The higher rental

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