Deutsche Wohnen SE (LTS:0OBQ)
€ 24 0.1 (0.42%) Market Cap: 9.55 Bil Enterprise Value: 16.74 Bil PE Ratio: 0 PB Ratio: 0.71 GF Score: 62/100

Q2 2019 Deutsche Wohnen SE Earnings Call Transcript

Aug 13, 2019 / 09:00AM GMT
Release Date Price: €31.6 (-2.93%)
Operator

Good morning, and welcome to the earnings call of Deutsche Wohnen SE regarding the publication of the first half results of 2019, hosted by Dr. Michael Zahn, CEO; and Mr. Philip Grosse, CFO.

The presentation of the call is available on Deutsche Wohnen's website in the Investor Relations section. (Operator Instructions)

I am now handing you over to Michael Zahn, CEO, to begin today's conference. Please go ahead.

Michael Zahn
Deutsche Wohnen SE - Chairman of the Management Board & CEO

Good morning, and welcome to the publication of our half year results 2019. First of all, we had a very successful start to the year. Before Philip will give you a detailed insight into our half year results, I would like to say a few introductory words.

Half year result, to begin with, I would like to point out some of the highlights which you can also find on Page 3 of the presentation. FFO I, the development of earnings year-to-date has been in line with our assumptions. So we can confirm our earnings forecast for FFO I of around EUR 535 million

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot