Brief: Grounds Real Estate Development H1 EBIT Of EUR 1.6 Mln

Grounds Real Estate Development AG

29/09/2021 16:57

Sept 29 (Reuters) - GROUNDS REAL ESTATE DEVELOPMENT AG
 AMMn.DE :
    * SIGNIFICANTLY EXPANDS OPERATIVE BUSINESS AND RESOLVES A
FURTHER
CAPITAL MARKET MEASURE
    * H1 SALES REVENUES INCREASED SEVENFOLD TO EUR 4.9 MILLION
    * H1 CONSOLIDATED PROFITS BEFORE TAXES AND INTEREST (EBIT)
OF EUR
1.6 MILLION WERE 13.3% ABOVE PREVIOUS YEAR'S LEVEL
    * FOR SECOND HALF-YEAR, GROUNDS EXPECTS ANOTHER CONSIDERABLE
INCREASE IN TURNOVER ARISING FROM SALES REVENUES
    * CONFIRMS FORECAST FOR FY OF SALES REVENUES OF EUR 23
MILLION AND
CONSOLIDATED GROUP EBIT OF EUR 6.1 MILLION

Source text for Eikon:  ID:nEQ9C5Kqja 
Further company coverage:  AMMn.DE 

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