Brief: InCity Group FY Consolidated Profit At EUR 2.4 Mln

InCity Immobilien AG

29/04/2021 07:40

April 29 (Reuters) - INCITY IMMOBILIEN AG  IC8Gn.DE :
    * CLOSES 2020 SLIGHTLY ABOVE FORECAST AND RECORDS GROUP
PROFIT OF
EUR 2.4 M
    * FY PROFIT 4.4 MILLION EUR
    * NET LOSS BETWEEN EUR -1.8 M AND EUR -2.3 M IS EXPECTED FOR
YEAR
2021 AT GROUP LEVEL
    * SEES FY 2021 NEGATIVE RESULT BETWEEN EUR -0.1 M AND EUR
-0.6 M
IS EXPECTED AT SINGLE-ENTITY ANNUAL FINANCIAL STATEMENT LEVEL.
    * CONSOLIDATED NET INCOME IN FISCAL YEAR 2020 WAS CLEARLY
POSITIVE
AT EUR 2.4 M (PRIOR YEAR: CONSOLIDATED NET LOSS OF EUR -1.9 M).
    * AT AROUND EUR 6.5 M, 2020 GROUP EBITDA WAS ALSO
SIGNIFICANTLY
BETTER (EUR +4.6 M) THAN IN PRIOR YEAR (EUR 1.9 M)

Source text for Eikon:  ID:nEQb4WlTFa 
Further company coverage:  IC8Gn.DE 

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