Deutsche Wohnen AG (DWHHF.PK) reported that its fiscal 2012 profit before taxes, after being adjusted for one-off items and valuation effects, increased by around 71% to 78.5 million euros from 46.0 million euros prior year. The company said the increase is attributable to improved earnings from Residential Property Management, higher earnings from disposals, and a disproportionately low increase in corporate expenses.
Consolidated profit was 145.5 million euros, compared to 50.6 million euros prior year. Recurring Funds from Operations, without disposals, rose to 68.2 million euros from 47.5 million euros prior year.
For fiscal 2013, Deutsche Wohnen expects FFO, without disposals, of around 100 million euros. The FFO, including disposals, is expected to be around 114 million euros in 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.