|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.95 - 24.95|
|52 Week Range||23.00 - 25.85|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.81 (3.25%)|
|1y Target Est||N/A|
Vonovia, Germany's biggest residential property company, raised its full-year profit guidance on Tuesday as it reported a forecast-beating 20 percent rise in first-quarter earnings, boosted by acquisitions in Sweden and Austria. Since going public in 2013, Vonovia has grown by swallowing up smaller rivals, and has expanded outside its home market, snapping up Austria's Conwert and Buwog, and last year buying Sweden's Victoria Park for $1.1 billion. Vonovia, which owns around 395,000 properties in Germany, Sweden and Austria, said it now expected 2019 funds from operations to increase to between 1.17 billion and 1.22 billion euros (999.46 million - 1.04 billion pounds) compared to its previous guidance for a rise to between 1.14 billion and 1.19 billion euros.
BERLIN (Reuters) - Vonovia, Germany's biggest residential property company, affirmed its guidance earnings to rise this year after profit jumped almost 16 percent in 2018, boosted by its purchases of Sweden's ...
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