Deutsche Konsum REIT-AG
ISIN: DE000A14KRD3
WKN: A14KRD
03 February 2025 08:00AM

EQS-News: Change in the Management Board of Deutsche Konsum REIT-AG

Deutsche Konsum REIT-AG · ISIN: DE000A14KRD3 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2079315

Price (EoD) at the time of publication (03.02.2025): n/a | Last price update: €2,81 (30.08.2024)

EQS-News: Deutsche Konsum REIT-AG / Key word(s): Personnel
Change in the Management Board of Deutsche Konsum REIT-AG

03.02.2025 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press Release

Change in the Management Board of Deutsche Konsum REIT-AG

Potsdam, 3 February 2025 – The Supervisory Board of Deutsche Konsum REIT-AG (ISIN DE000A14KRD3) has appointed Lars Wittan as a new member of the Management Board. Since 1 February 2025, he has been responsible for operations and transactions, taking over from Alexander Kroth, who resigned from his position as a member of the Management Board on 31 January 2025.

Lars Wittan, born in 1977, has a long career in the real estate sector. He spent twelve years in different management positions at Deutsche Wohnen SE, where he played a key role in numerous capital market and financing measures, portfolio acquisitions, and asset and share deal transactions. During this time, he held the positions of COO, CIO, and CFO. Most recently, Lars Wittan was CIO at Obotritia Capital KGaA, where he was responsible for the directly held real estate portfolio. He is also Chairman of the Supervisory Board of Quarterback Immobilien AG.

The Supervisory Board is pleased to have gained an accomplished and profound real estate expert in Lars Wittan.

At the same time, Alexander Kroth has resigned as a member of the Management Board as of 31 January 2025. In order to pursue new challenges, Mr Kroth has asked the Supervisory Board to release him from his duties and has resigned from his position as a member of the Management Board in agreement with the Supervisory Board. The company regrets the departure of Mr Kroth, thanking him for his outstanding commitment to the company and his valuable contribution to its success.

About Deutsche Konsum

Deutsche Konsum REIT-AG, Broderstorf, is a listed real estate company with a focus on German retail properties for everyday goods at established micro-locations. The focus of the Company's activities is on the acquisition, management and development of local supply properties with the aim of continuous performance and the leveraging of hidden reserves.

The shares of the Company are listed on the Prime Standard of the Deutsche Börse (ISIN: DE000A14KRD3) and on the JSE (JSE Limited) (South Africa) by way of a secondary listing.

Contact:
Deutsche Konsum REIT-AG
Ms. Mareike Kuliberda
Investor Relations
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel: 0331 / 74 00 76 - 533
Fax: 0331 / 74 00 76 - 599
E-Mail: mk@deutsche-konsum.de


03.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Deutsche Konsum REIT-AG
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0)331 740076517
Fax: +49 (0)331 740076599
E-mail: kt@deutsche-konsum.de
Internet: www.deutsche-konsum.de
ISIN: DE000A14KRD3
WKN: A14KRD
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange
EQS News ID: 2079315

 
End of News EQS News Service

2079315  03.02.2025 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 41,98 56,23 69,67 74,39 79,72 77,44 68,40
EBITDA1,2 58,95 38,70 40,29 39,49 -70,24 37,23 34,00
EBITDA-Margin3 140,42 68,82 57,83 53,09 -88,11 48,08 49,71
EBIT1,4 58,95 38,69 97,92 68,01 -116,90 37,09 33,70
EBIT-Margin5 140,42 68,81 140,55 91,42 -146,64 47,90 49,27
Net Profit (Loss)1 53,14 34,17 91,37 60,39 -180,99 1,97 11,00
Net-Margin6 126,58 60,77 131,15 81,18 -227,03 2,54 16,08
Cashflow1,7 27,09 35,94 37,97 49,38 41,63 23,13 0,00
Earnings per share8 1,25 0,73 1,84 1,22 -3,58 0,06 0,28
Dividend per share8 0,35 0,40 0,40 0,12 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Domus

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Deutsche Konsum REIT
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A14KRD DE000A14KRD3 REIT-AG 133,52 Mio € 16.12.2015 Halten 9F4M94QF+36
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
9,06 11,10 0,82 6,48 0,42 5,77 1,72
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,12 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
01.04.2025 14.02.2025 15.05.2025 14.08.2025 19.12.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,32%
3,08 €
ATH 18,50 €
-7,15% -9,81% -12,99% +6,21% -21,63%

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