Brief: Instone Real Estate Q1 Adj EBIT Up 93.8% At EUR 15.7 Mln

Instone Real Estate SE

28/05/2019 06:34

May 28 (Reuters) - Instone Real Estate Group AG  INS2.DE :
    * DGAP-NEWS: INSTONE REAL ESTATE GROUP AG: PLANNED START OF 2019 FINANCIAL YEAR WITH
SIGNIFICANT
INCREASE IN REVENUES AND PROFITS
    * MANAGEMENT BOARD CONFIRMS OUTLOOK FOR 2019 FINANCIAL YEAR
    * ADJUSTED REVENUES SHOW SUBSTANTIAL INCREASE OF 59.8% TO EUR 84.2 MILLION IN Q1 OF 2019
    * Q1 ADJUSTED EBIT ALSO SHOW SIGNIFICANT GROWTH OF 93.8 % TO EUR 15.7 MILLION
    * Q1 VOLUME OF CONCLUDED SALES CONTRACTS MORE THAN DOUBLE TO EUR 62.8 MILLION

Source text for Eikon:  ID:nEQ99WGY7a 
Further company coverage:  INS2.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))