Brief: Instone Real Estate Group FY Adj. EBIT At EUR 49.6 Mln

Instone Real Estate SE

28/03/2019 06:34

March 28 (Reuters) - INSTONE REAL ESTATE GROUP AG  INS2.DE :
    * FY ADJUSTED REVENUES OF EUR 372.8 MILLION
    * FY ADJUSTED EBIT OF EUR 49.6 MILLION
    * FY ADJUSTED GROSS PROFIT MARGIN OF 28.6 %
    * CONSIDERABLE GROWTH EXPECTED IN 2019
    * OUTLOOK 2019: SIGNIFICANT GROWTH IN ADJUSTED REVENUE TO
BETWEEN
EUR 500 MILLION AND EUR 550 MILLION
    * OUTLOOK 2019: VOLUME OF CONCLUDED SALES CONTRACTS RANGING
BETWEEN EUR 450 MILLION AND EUR 550 MILLION
    * OUTLOOK 2019: ADJUSTED EBIT IS EXPECTED TO INCREASE
CONSIDERABLY
TO BETWEEN EUR 85 MILLION AND EUR 100 MILLION

Source text for Eikon:  ID:nEQ4SKYPha 
Further company coverage:  INS2.DE 

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