Brief: Warimpex Q1 Total Revenue Up At EUR 7.9 Mln

Warimpex Finanzund Beteiligungs AG

28/05/2020 07:19

May 28 (Reuters) - WARIMPEX FINANZ UND BETEILIGUNGS AG
 WXFB.VI :
    * Q1 HOTELS REVENUE AT EUR 2.2 MILLION VERSUS EUR 1.8
MILLION YEAR
AGO
    * Q1 EBIT WENT FROM EUR 7.5 MILLION IN THE COMPARISON PERIOD
TO
MINUS EUR 2.4 MILLION
    * Q1 GROSS INCOME FROM REVENUE IMPROVED BY 14% TO EUR 3.8
MILLION
    * Q1 TOTAL REVENUE ROSE BY 26% IN ANNUAL COMPARISON TO EUR
7.9
MILLION
    * Q1 EBITDA FELL FROM EUR 7.6 MILLION TO EUR 0.9 MILLION
    * OUTLOOK 2020: REVENUES IN THE INVESTMENT PROPERTIES
SEGMENT ARE
EXPECTED TO INCREASE THANKS TO RENTAL REVENUE FROM NEW ASSETS –
FIRST AND FOREMOST MOGILSKA 43 OFFICE, WHICH WAS COMPLETED LAST
YEAR
    * OUTLOOK 2020: RECORD RESULT FROM 2019 WILL LIKELY NOT BE
REPEATED
    * OUTLOOK 2020: EXPECTS THE POSITIVE DEVELOPMENT OF ITS
BUSINESS
ACTIVITIES TO CONTINUE

Source text - https://bit.ly/2Xa9E7S
Further company coverage:  WXFB.VI 

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