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Digital Realty lifts FY core FFO outlook after higher revenues in Q2

Friday 31 July 2020 | 16:44 CET | News
Data centre operator Digital Realty raised its core FFO outlook for the full year after reporting mixed results for the second quarter. Revenues increased 21 percent from the year before to USD 993 million from 797.5 million while the operating profit lifted to USD 152.8 million from 138.9 million. The net profit attributable to shareholders sank to USD 53.7 million from 315.6 million but funds from operations (FFO) went higher to USD 414.5 million from 354.0 million and the adjusted EBITDA climbed 17 percent to USD 559 million. Core FFO meanwhile slid to USD 1.54 from 1.62. Compared to the

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Categories: Fixed
Companies: Digital Realty
Countries: World
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