ADLER Real Estate AG: 2019 Half Year Results:...
(WorldNews Germany)

The issuer is solely responsible for the content of this announcement. 2019 Half Year Results: Solid progress with KPIs driven by ongoing portfolio optimisation and further capital structure improvements - Strong earnings growth with FFO I up 18.8% to EUR 41.7m from EUR 35.1m in H1 2018 driven by strong underlying l-f-l rental growth of 3.4% and the positive effects from the BCP acquisition - Diluted EPRA NAV per share (excl. goodwill) 7% higher at EUR 22.23 (FY 2018: EUR 20.77) - Good progress to focus ADLER on core activities post M&A with disposals of non-strategic assets to date totalling EUR 500.9m allowing for net debt repayment of c. EUR 260m - WACD lowered to 2.08% through net debt...