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DEFAMA Deutsche Fachmarkt (DEF) investor relations material
DEFAMA Deutsche Fachmarkt Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FFO increased by 8% to €10.8M (€2.25 per share), with revenue reaching €31.6M in 2025.
Net income (including one-offs) was €9.7M, while recurring net income was €5.6M.
Sold three properties for a €3M pre-tax gain and €4M liquidity; 19 new acquisitions expanded the portfolio to 99 properties.
Dividend proposed at €0.63 per share, marking the 11th consecutive annual increase.
Secured new long-term leases and invested in property upgrades and tenant improvements.
Financial highlights
Portfolio value rose to €352M (+9% year-over-year).
Revenue reached €31.6M (+16% year-over-year).
FFO per share increased to €2.25 (+8% year-over-year).
Net income (including one-offs) was €9.7M; recurring net income was €5.6M (€1.17 per share).
Dividend proposal of €0.63 per share (+5% year-over-year).
Outlook and guidance
2026 targets: net income >€5M, FFO >€10.8M, occupancy >96%, dividend >€0.63 per share.
Aims to offset €1M FFO loss from tenant insolvency and vacancies.
Long-term plan (2030): portfolio value €500M, annual rents €42M, FFO €19M (>€4/share).
Intends to continue annual dividend increases.
- Portfolio value up 19%, FFO up 7%, and 16 acquisitions drive strong 2025 growth.DEF
Q3 20258 Dec 2025 - Revenue and FFO increased, with portfolio growth and strong 2025 outlook.DEF
Q1 20259 Nov 2025 - Revenue and FFO up, net income down, portfolio at 91 properties, occupancy 96.2%.DEF
Q2 202515 Sep 2025 - Strong growth in revenue, earnings, and portfolio, with further expansion and higher dividends ahead.DEF
Q3 202413 Jun 2025 - Revenue and net income surged in H1 2024, with strong portfolio and FFO growth.DEF
H1 202413 Jun 2025 - Record portfolio expansion, rising FFO, and another dividend hike highlight DEFAMA's strong 2024.DEF
H2 20246 Jun 2025
Next DEFAMA Deutsche Fachmarkt earnings date
Next DEFAMA Deutsche Fachmarkt earnings date
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