Q2 2019 Deutsche Wohnen SE Earnings Call Transcript

Aug 13, 2019 / 09:00AM GMT
Operator

Good morning, and welcome to the earnings call of Deutsche Wohnen SE regarding the publication of the first half results of 2019, hosted by Dr. Michael Zahn, CEO; and Mr. Philip Grosse, CFO.

The presentation of the call is available on Deutsche Wohnen's website in the Investor Relations section. (Operator Instructions)

I am now handing you over to Michael Zahn, CEO, to begin today's conference. Please go ahead.

Michael Zahn - Deutsche Wohnen SE - Chairman of the Management Board & CEO

Good morning, and welcome to the publication of our half year results 2019. First of all, we had a very successful start to the year. Before Philip will give you a detailed insight into our half year results, I would like to say a few introductory words.

Half year result, to begin with, I would like to point out some of the highlights which you can also find on Page 3 of the presentation. FFO I, the development of earnings year-to-date has been in line with our assumptions. So we can confirm our earnings forecast for FFO I of around EUR 535 million

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