Webcast of the telephone conference including the slide presentation Presenter: Wilhelm Wellner, CEO 13.11.2020, 10.00 a.m., CET
Webcast of the telephone conference including the slide presentation Presenter: Wilhelm Wellner, CEO 14.08.2020, 10.00 a.m., CEST
footage, 8'48'' min, aspect ratio 16:9 (c) Copyright by Deutsche EuroShop AG https://www.deutsche-euroshop.de
To make your forecasts it may help to have the comparable numbers of 9M 2010. The Excel sheet offers a full usability. You can start with your projections right here!
In our Ad-hoc announcement on 23 August 2011 we expected the necessity to set aside a provision for trade tax risks in the 2011 financial year of around EUR 6.1 million for the 2011 financial year and the preceding years.
In the meantime we have discussed this issue with our auditors and now we have clarity how to handle the risk of a change in the tax treatment of Deutsche EuroShop: The provision for the years 2004-2010 will be formed as a correction for these past seven years against retained earnings as per 31 December 2010. Only the trade tax liability for 2011 will be included in the income statement for the current year.
As a consequence, the once estimated influence on our 2011 FFO (funds from operations) per share will be considerably lower.
English summary on Bloomberg.com:
Deutsche EuroShop Sees Sales, Profit Rising in 2012, DAF Reports
Die Deutsche Euroshop AG sieht sich weiter auf Wachstumskurs. Gerade wurde mit dem Allee-Center Magdeburg die 19. Beteiligung getätigt. In der Sendung "Vorstandssitzung" des Deutschen Anlegerfernsehens (www.daf.fm) sprach Andreas Scholz mit Finanzvorstand Olaf Borkers.
The 2nd Deutsche EuroShop Real Estate Summer took place on 15 & 16 September 2011 and was named "3 Center Tour".
The tour started with presentations in Wolfsburg and ended in Berlin. It included visits of Deutsche EuroShop's shopping centers in Wolfsburg (City-Galerie), Magdeburg (Allee-Center) and Wildau/Berlin (A10 Center).