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Deutsche EuroShop publishes annual report 2011 and confirms preliminary results


Deutsche EuroShop AG / Key word(s): Final Results

27.04.2012 / 11:00


Deutsche EuroShop publishes annual report 2011 and confirms preliminary results

Hamburg, 27. April 2012 - The shopping center investor Deutsche EuroShop AG, Hamburg, today presented the annual report 2011 and confirmed the preliminary results which were published in early March.

The annual report with the motto 'From clicks to bricks' is available for download at http://www.deutsche-euroshop.com/ir


Key Data of Deutsche EuroShop (IFRS)

in EUR million 2011 2010 +/-
Revenue 190.0 144.2 32%
EBIT 165.7 124.0 34%
Net finance costs -79.1 -60.2 -31%
Measurement gains/losses 41.9 33.1 26%
EBT 128.4 97.0 32%
Consolidated profit 93.4 -7.8  
FFO per share (EUR) 1.61 1.35 19%
Earnings per share (EUR)* 1.81 -0.17  
Equity* 1,473.1 1,441.5 2%
Liabilities 1,752.0 1,522.1 15%
Total assets 3,225.1 2,963.6 9%
Equity ratio (%)* 45.7 48.6  
LTV-ratio (%) 47 47  
Gearing (%)* 119 106  
Cash and cash equivalents 64.4 65.8 -2%
Net asset value (EPRA) 1,427.3 1,361.1 5%
Net asset value per share (EUR, EPRA) 27.64 26.36 5%
Dividend per share (EUR) 1.10** 1.10 0

* incl. non controlling interests ** proposal


Reporting dates 2012

On 23 April 2012 Deutsche EuroShop has announced the planned release dates of the financial reports of the current fiscal year:

- Interim Report Q1: 15 May 2012

- Interim Report H1: 14 August 2012

- Interim Report 9M: 13 November 2012

The annual general meeting will take place in Hamburg on 21 June 2012.


Deutsche EuroShop - The Shopping Center Company

Deutsche EuroShop is Germany's only public company, that invests solely in shopping centers in prime locations. The MDAX-listed Company currently has equity interests in 19 European shopping centers in Germany, Austria, Hungary and Poland. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.



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166769  27.04.2012