Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Germany's Deutsche EuroShop lifts 2026 outlook after one-off gains

By Reuters News


Overview

  • Germany shopping center investor's nine-month revenue rose 2.5% yr/yr to €202.5 mln

  • EPRA earnings and FFO per share declined due to higher interest expenses from 2025 green bond

  • Company raised 2026 EBIT, EBT ex-valuation gains and FFO forecasts on positive one-off effects


Outlook

  • Deutsche EuroShop raises 2026 revenue forecast to €272–277 mln from €269–277 mln

  • Company lifts 2026 EBIT guidance to €220–225 mln, previously €211–219 mln

  • Deutsche EuroShop expects 2026 FFO of €144–149 mln, up from €134–142 mln


Result Drivers

  • HIGHER RENTS AND COST CONTROL - Co said improved operating performance was supported by higher rents, severance payments to tenants, and slightly lower expected costs for the year

  • ONE-OFF GAINS - Release of provisions for land transfer tax liabilities and higher interest income contributed positively to results

  • HIGHER INTEREST EXPENSES - Decline in FFO and EPRA earnings was primarily due to higher interest expense from the green bond issued in June 2025


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Revenue

EUR 202.50 mln

9M EPS

EUR 1.30

9M FFO

EUR 103.80 mln

9M EBT

EUR 108.90 mln

9M EPRA Earnings

EUR 100.70 mln

9M FFO Per Share

EUR 1.37


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

  • Wall Street's median 12-month price target for Deutsche EuroShop SE is €21.10, about 28.8% above its November 11 closing price of €16.38

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago


Reuters Recommended Reads

  • Nov 11 - Grand City Properties net income rises on rental growth; raises FY26 FFO I outlook

  • Nov 10 - TAG Immobilien FFO I rises on rental growth; raises 2026 outlook

  • Nov 10 - German commercial property prices dip again in third quarter, data show


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.