Brief: Montebalito 9-Month Net Profit Up At 3.7 Mln Euros YoY

Montebalito SA

17/11/2022 16:11

Nov 17 (Reuters) - Montebalito SA  MTBA.MC :
    * 9-MONTH NET PROFIT 3.7 MILLION EUROS VERSUS 2.1 MILLION
EUROS
YEAR AGO
    * 9-MONTH SALES 12.7 MILLION EUROS VERSUS 15.3 MILLION EUROS
YEAR
AGO
    * 9-MONTH NEGATIVE EBITDA 166,000 EUROS VERSUS POSITIVE 1.3
MILLION EUROS YEAR AGO
    * EXPECTS TO INCREASE DEVELOPMENT DIVISION'S TURNOVER
COMPARED TO
2021, WHICH WILL ENABLE IT TO UNDERTAKE NEW INVESTMENTS IN
MEDIUM AND LONG TERM
    * BY END OF YEAR, WORK IS EXPECTED TO BE COMPLETED ON
RESIDENCIAL
CIES DEVELOPMENT (VIGO) AND THE BITACORA DEVELOPMENT IN BRAZIL,
WHOSE SALES FIGURES ARE ESTIMATED AT 11.6 AND 2 MILLION EUROS,
RESPECTIVELY

Source text for Eikon:  ID:nCNMKlfNg 
Further company coverage:  MTBA.MC 
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