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INS — Instone Real Estate SE News Story

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Brief: Instone Real Estate Group Q1 Sales EUR 88 Million

May 8 (Reuters) - Instone Real Estate Group Q1 adjusted revenue EUR 119.5
million.
* Outlook FY adjusted revenue EUR 500-600 million
* Q1 adjusted gross margin 27.4%
* Q1 adjusted EBIT EUR 15.8 million
* Outlook FY adjusted gross margin 22%
* Q1 sales EUR 88 million
* Outlook FY adjusted net income EUR 30-40 million
* Q1 net income EUR 9.6 million

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