Brief: Instone Real Estate Group Says First Half 2022 Adj Revenues Amounted To Eur 268 Mln (H1-2021: Eur 260.5 Mln)

Instone Real Estate SE

10/08/2022 17:59

Aug 10 (Reuters) - Instone Real Estate Group SE  INS2.DE :
    * INSTONE MAINTAINS HIGH MARGIN IN MORE CHALLENGING MARKET
ENVIRONMENT – NEW FORECAST FOR 2022: ADJUSTED REVENUES EUR
600-675 MILLION, ADJUSTED NET EARNINGS EUR 40-50 MILLION
    * 2022 GUIDANCE RESUMED: REVENUES (ADJUSTED) EUR 600 TO 675
MILLION, EARNINGS AFTER TAX (ADJUSTED) EUR 40 TO 50 MILLION
    * ADJUSTED REVENUES AMOUNTED TO EUR 268.0 MILLION IN FIRST
HALF
2022, ABOVE PREVIOUS YEAR'S LEVEL (H1-2021: EUR 260.5 MILLION)
    * H1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF EUR 35.9
MILLION
WHICH IS BELOW PREVIOUS YEAR'S LEVEL (H1-2021: EUR 41.1 MILLION)

Source text for Eikon:  ID:nEQ37d6G7a 
Further company coverage:  INS2.DE 

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