DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE)
€ 0.84 -0.01 (-1.18%) Market Cap: 88.63 Mil Enterprise Value: -20.95 Mil PE Ratio: 0 PB Ratio: 0.22 GF Score: 64/100
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Half Year 2020 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript

Aug 19, 2020 / 08:00AM GMT
Release Date Price: €4.78 (+5.29%)
Ingo Hartlief
DEMIRE Deutsche Mittelstand Real Estate AG - CEO & Chairman of Executive Board

Good morning, everybody, to our 2020 half year results call, and thank you for dialing in today. I trust you are well and healthy in corona times.

With me here is Tim Brückner, DEMIRE CFO; and Michael Tegeder, our Head of Investor Relations, your well-known team. Corona is the topic of the year so far and has us keep busy as well in recent weeks and months. To cover this important topic first, let me shortly summarize the situation at DEMIRE before I jump into the presentation.

The good news is that the impact on our H1 results is limited and manageable for us. And the situation, especially in rental collections, has strongly improved in July and in August so far. If there is no second lockdown occurring in Germany and the overall situation remains as stable as it is today, we are confident to deliver a robust set of 2020 results that exceeds our very strong fiscal year 2019.

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