Deutsche Real Estate AG Reports Earnings Results for the First Quarter of 2016; Provides Earnings Guidance for the Year 2016
May 13, 2016 at 07:37 am EDT
Deutsche Real Estate AG reported earnings results for the first quarter of 2016. For the quarter, the company reported net profit after taxes of 1.4 million. Result decreased from 2.2 million in the first quarter 2015 to 2.4 million negative in the first quarter 2016.
For fiscal 2016, the management board maintains its forecast to achieve adjusted EBITDA on the previous year's level.