Dec 19, 2024 / 09:00AM GMT
Kyrill Turchaninov - Deutsche Konsum REIT-AG - Analyst
Hello everyone. Good morning. This is the Deutsche consumer representation of the annual financial results for the financial year that ended on the September 30, 2024.
The past financial year for the company was well rather turbulent and we have covered in past presentations, all of the events that took place at or short after the beginning the end of the previous financial year with treats here, repayment or loan repayment with tax authorities repaying payments and other methods which were present within the financial year.
So let's take a look at page page 4, where we present the highlights of the year. So the rental income has decreased to EUR77.4 million. It is down from the prior year of 79.7, so down by $2.3 million, mostly due to portfolio sales, net rental income slightly decreased. It was $48.2 million last year and went down by about 200,000. So it is now at EUR48 million. FFOs was driven by a higher debt costs and we have now confirmed the guidance that we provided previously. The range we gave was between EUR27 million
Full Year 2024 Deutsche Konsum REIT-AG Earnings Call Transcript
6 days ago
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