Brief: Instone Real Estate Group Announces Preliminary Results 2018

Instone Real Estate SE

04/03/2019 22:28

March 4 (Reuters) - Instone Real Estate Group AG  INS2.DE :
    * PRELIMINARY RESULTS 2018
    * CO ASSUMES FY 2018 EXPECTED TO CLOSE WITH ADJUSTED CONSOLIDATED EARNINGS
BEFORE
TAXES BETWEEN 41 MILLION EURO AND 42 MILLION EURO
    * SEES FY 2018 ADJUSTED REVENUES IN RANGE 370 MILLION EUROS TO 375 MILLION
EUROS
    * SEES FY2018 ADJUSTED PROFIT AFTER TAX OF 18.5 MILLION EURO TO 19.5 MILLION
EURO
    * SEES ADJUSTED EBIT 49 MILLION EURO- 50 MILLION EURO FOR FY 2018
    * SEES FY 2018 VOLUME OF CONCLUDED SALES CONTRACTS ABOUT 460 MILLION EURO
    * ADJUSTED EARNINGS FIGURES INCLUDE EXTRAORDINARY EXPENSES OF ABOUT 5
MILLION EURO

Source text for Eikon:  ID:nEQ3f6Skta 
Further company coverage:  INS2.DE 

 ((Reuters.Briefs@thomsonreuters.com;))