Brief: Orascom Development Q1 Net Profit At CHF 3.1 Mln

Orascom Development Holding AG

18/05/2021 06:23

May 18 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG  ODHN.S :
    * Q1 NET PROFIT 3.1 MILLION CHF VERSUS -4.2 MILLION CHF LOSS
YEAR
AGO
    * Q1 TOTAL REVENUES UP 14.6% TO CHF 106.5 MILLION COMPARED
TO SAME
PERIOD LAST YEAR
    * Q1 OPERATING EBITDA RECORDED A SIGNIFICANT INCREASE OF
93.4% TO
CHF 29.4 MILLION
    * Q1 NET REAL ESTATE SALES UP 35.4% TO CHF 145.8 MILLION
    * Q1 REAL ESTATE DEFERRED REVENUE BALANCE GREW BY 19.5% TO
CHF
633.8 MILLION
    * ABSTAINS FROM PROVIDING FULL-YEAR GUIDANCE ON ITS 2021
RESULTS

Source text for Eikon:  ID:nEQ755zf3a 
Further company coverage:  ODHN.S 

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