Deutsche EuroShop: September 2020 update on the coronavirus pandemic
DGAP-Media / 21.09.2020 / 07:00
Deutsche EuroShop: September 2020 update on the coronavirus pandemic
Hamburg, 21 September 2020 - Deutsche EuroShop has been providing information on current developments and selected key figures from the 21 shopping centers in its portfolio since the start of the coronavirus pandemic. As at 18 September 2020, the situation is as follows:
Opening status of shops in individual countries:
Germany: |
Austria: |
Poland: |
Czech Republic: |
Hungary: |
97.5% |
97.2% |
97.4% |
96.2% |
95.7% |
Visitor numbers compared with the previous year:
March: |
April: |
May: |
June: |
July: |
August: |
55% |
28% |
61% |
71% |
78% |
80% |
Retail sales in German centers compared with the previous year:
March: |
April: |
May: |
June: |
July: |
August: |
52% |
31% |
67% |
82% |
88% |
90% |
Trend in the collection ratio:
March: |
April: |
May: |
June: |
July: |
August: |
95% |
45% |
49% |
60% |
87% |
89% |
Percentage of tenants in insolvency/protection proceedings: 7.3% of tenants. The companies affected are seeking to restructure their business activities, and Deutsche EuroShop currently expects that a large proportion of the shops will be able to continue operating.
Thanks to its low level of debt ("look-through" LTV as at 30 June 2020: 34.8%) and its existing liquidity (30 June 2020: €179 million), Deutsche EuroShop has solid financial room for manoeuvre in this exceptional situation as well as an unused credit line of €150 million. At the end of March this year, a €70 million credit agreement was signed to refinance loan obligations due at the end of 2020. Last week, refinancing for a loan expiring at the end of June 2021 was also agreed: €70.3 million, ten-year term, without redemption, interest rate 1.18%.
Deutsche EuroShop - The Shopping Center Company
Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The SDAX-listed company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.
End of Media Release
Issuer: Deutsche EuroShop AG
Key word(s): Real estate
21.09.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|
Language: |
English |
Company: |
Deutsche EuroShop AG |
|
Heegbarg 36 |
|
22391 Hamburg |
|
Germany |
Phone: |
+49 (0)40 413 579-0 |
Fax: |
+49 (0)40 413 579-29 |
E-mail: |
[email protected] |
Internet: |
www.deutsche-euroshop.de |
ISIN: |
DE0007480204 |
WKN: |
748020 |
Indices: |
SDAX |
Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: |
1133915 |
1133915 21.09.2020
Die wichtigsten Finanzdaten auf einen Blick
|
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
Umsatzerlöse1 |
204,14 |
218,49 |
225,05 |
225,94 |
224,10 |
211,75 |
212,80 |
EBITDA1,2 |
178,70 |
192,42 |
199,19 |
197,64 |
190,46 |
152,67 |
0,00 |
EBITDA-Marge3 |
87,54 |
88,07 |
88,51 |
87,47 |
84,99 |
72,10 |
0,00 |
EBIT1,4 |
178,63 |
192,37 |
199,14 |
197,47 |
161,24 |
152,50 |
152,40 |
EBIT-Marge5 |
87,50 |
88,05 |
88,49 |
87,40 |
71,95 |
72,02 |
71,62 |
Jahresüberschuss1 |
221,76 |
134,33 |
79,40 |
112,09 |
-251,72 |
59,95 |
21,40 |
Netto-Marge6 |
108,63 |
61,48 |
35,28 |
49,61 |
-112,32 |
28,31 |
10,06 |
Cashflow1,7 |
140,96 |
156,02 |
159,20 |
170,21 |
111,09 |
172,67 |
130,10 |
Ergebnis je Aktie8 |
4,11 |
2,31 |
1,29 |
1,81 |
-4,07 |
0,97 |
0,35 |
Dividende8 |
1,40 |
1,45 |
1,50 |
0,00 |
0,04 |
1,00 |
1,00 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2021 - Kostenfrei herunterladen. 
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: BDO
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Deutsche EuroShop |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
748020 |
18,990 |
Halten |
1.452,06 |
KGV 2024e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
9,99 |
12,98 |
0,75 |
9,68 |
KBV |
KCV |
KUV |
EV/EBITDA |
0,64 |
8,41 |
6,82 |
19,26 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '22e in % |
Hauptversammlung |
1,00 |
1,20 |
5,27 |
22.06.2023 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
11.05.2023 |
14.08.2023 |
10.11.2022 |
27.04.2023 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
-9,37% |
-14,08% |
-14,15% |
13,58% |
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