Brief: Instone Real Estate 9-Month Sales At EUR 91.3 Mln

Instone Real Estate SE

09/11/2023 06:46

Nov 9 (Reuters) - INSTONE REAL ESTATE GROUP SE
 INS2.DE :
    * CONTINUES ITS VERY SOLID PERFORMANCE IN A STILL
CHALLENGING
ENVIRONMENT; OUTLOOK FOR 2023 CONFIRMED
    * ADJUSTED REVENUES IN FIRST THREE QUARTERS OF 2023, AT EUR
433.3
MILLION (9M 2022: EUR 441.9 MILLION)
    * A CONTINUED HIGH ADJUSTED GROSS PROFIT MARGIN OF 25.5
PERCENT
(9M 2022: 25.8 PERCENT)
    * SALES AMOUNTING TO EUR 91.3 MILLION (9M 2022: EUR 250.2
MILLION)
    * ADJUSTED EARNINGS AFTER TAX UP TO EUR 37.1 MILLION (9M
2022: EUR
34.0 MILLION)

Source text for Eikon:  ID:nEQ7c3Z7ha 
Further company coverage:  INS2.DE 

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