DGAP-News: Deutsche EuroShop: Long lockdown in Germany impacts Q1 2021
Retrieved on:
Tuesday, May 11, 2021
"Additional restrictions in Germany such as \'Click & Collect\' and \'Click & Meet\' are rarely profitable for retailers - this is where politicians can and should bring tangible relief as quickly as possible.
Key Points:
- "Additional restrictions in Germany such as \'Click & Collect\' and \'Click & Meet\' are rarely profitable for retailers - this is where politicians can and should bring tangible relief as quickly as possible.
- "\nAgainst this backdrop, Deutsche EuroShop recorded revenue of \xe2\x82\xac51.9 million in the first three months of 2021, down 9.2% on the prior-year period.
- The SDAX-listed company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary.
- The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.\n'