in

Roger Waesche, COPT President and CEO, Discusses 2014 Growth Opportunities

Roger Waesche, COPT President and CEO, Discusses 2014 Growth Opportunities - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

COPTCorporate Office Properties Trust has provided guidance for its diluted FFO per share, COPT said Jan. 7.

“In 2013, we completed our strategic repositioning initiatives, which greatly improved the quality of our portfolio and the strength of our balance sheet,” said Roger Waesche, Jr., COPT president and CEO.

The FFO for 2014 is in the range of $1.84−1.92, and diluted earnings per share are in the range of $1.10-1.18.

Waesche added that the company is set to expand its pipeline of low-risk development opportunities in a business environment that is more stable.

“The recent federal budget agreement provided  certainty for defense spending levels and should support a normalized contract awarding process  between the Department of Defense and defense contractors. We are well positioned, financially  and geographically, to capitalize on new opportunities both within our strategic tenant niche and within our strategic markets in the greater Baltimore-Washington region,” he added.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Technology

mm

Written by Ross Wilkers

Executive Mosaic Announces 2013 Wash100 Inductees, Shines Light on Leaders Driving Public Value Amid Historic Market Change - top government contractors - best government contracting event
Executive Mosaic Announces 2013 Wash100 Inductees, Shines Light on Leaders Driving Public Value Amid Historic Market Change
WBB Team to Support Marine Corps Info Operations; David Wilkinson Comments - top government contractors - best government contracting event
WBB Team to Support Marine Corps Info Operations; David Wilkinson Comments