Digital Realty raises FFO outlook, Q1 revenues up 24%

Friday 29 April 2016 | 14:23 CET | News
Data centre operator Digital Realty Trust reported first-quarter revenues up 24 percent year-on-year to USD 504 million. Adjusted EBITDA rose 23 percent to USD 294 million, while net profit fell to USD 0.27 per share from USD 0.75 a year ago. Funds from operations reached USD 208 million or USD 1.39 per share, compared to USD 1.56 per share in the first quarter of 2015. An adjusted basis excluding non-core items, FFO rose 12 percent year-on-year to USD 1.42. Revenue growth was supported by the takeover of Telx, new leases representing USD 39 million in annualised revenue and renewed leased

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Categories: Fixed
Companies: Digital Realty Trust / Telx
Countries: United States
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