Deutsche Wohnen SE (MIL:1DWNI)

€ 24.6 0 (0%) Market Cap: 9.25 Bil Enterprise Value: 16.44 Bil PE Ratio: 0 PB Ratio: 0.71 GF Score: 42/100

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Transcript

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

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