Deutsche EuroShop AG Interim Report 2015 - The Shopping Center Share

The Share7 Deutsche EuroShop Interim Report 9M 2015 The Shopping Center Share Deutsche EuroShop shares ended 2014 at a closing price of €36.20 and were able to make a positive start to 2015. Their low for the first three months of €36.32 was reached as early as 6 January 2015, and they then rebounded to new record highs in a highly supportive market environment for real estate stocks in particular. The share price reached €48.00 on 10 April 2015, its high not only for the period but of all time. In the weeks that followed, its performance was relatively volatile with a downward tendency, but this then reversed and by mid-May the price was only just short of its earlier peak. After that it ran out of steam somewhat and fluctuated within a range of €38.00 to €43.00. It ended the third quarter at a closing price of €40.21. Taking into account the dividend of €1.30 per share paid on 19 June 2015, this corresponds to a performance of 14.6% since the start of the year. By way of comparison, the MDAX gained 13.9% in the first nine months of the year. Deutsche EuroShop’s market capitalisation stood at €2.2 billion on 30 September 2015. Conferences In August and September we held various one-to-one and group discussions with analysts and investors at conferences in Munich and Paris. Investors Day On 20 and 21 August we organised our biannual “Deutsche EuroShop Real Estate Summer” event for analysts and institutional investors – this time in Gdansk. The programme included not only a tour of the Galeria Baltycka and insights into the competitive environment, but also various specialist presentations on topics such as “European consumer sentiment” and the use of new technologies and possibilities in shopping centres in the social media age. 2015 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. 135 130 120 120 115 110 105 100 95 95 100 105 110 115 120 125 130 135 Deutsche EuroShop  MDAX    EPRA    Deutsche EuroShop vs. MDAX and EPRA Comparison, January to October 2015 Indexed, base of 100, in % Coverage At present, 23 financial analysts from various institutions assess Deutsche EuroShop’s business performance. This includes the regular publication of reports on the Company. Other institutions have also announced plans to initiate coverage. The investment recommendations resulting from these reports are currently neutral for the most part (14), with two ana- lysts adopting a negative position and seven issuing positive opinions (as at 9 November 2015) A list of analysts and current reports can be found at­ www.deutsche-euroshop.de/ir. Analysts Number Key share data Sector / industry group Financial Services / Real Estate Share capital on 30 September 2015 €53,945,536.00 Number of shares on 30 September 2015 (no-par value registered shares) 53,945,536 Dividend 2014 (19 June 2015) €1.30 Share price on 30 December 2014 €36.20 Share price on 30 September 2015 €40.21 Low / high in the period under review €36.32/€48.00 Market capitalisation on 30 September 2015 €2.17 billion Prime Standard Frankfurt and Xetra OTC trading Berlin-Bremen, Dusseldorf, Hamburg, Hanover, Munich and Stuttgart Indices MDAX, EPRA, GPR 250, EPIX 30, MSCI Small Cap, EURO STOXX, STOXX Europe 600, HASPAX, F.A.Z.-Index ISIN DE 000748 020 4 Ticker symbol DEQ, Reuters: DEQGn.DE Sell Under- perform Hold Outperform Buy 14 12 10 8 6 4 2 0 0 2 4 6 8 10 12 14 ISIN DE 0007480204

Pages Overview