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21st Austria weekly - Warimpex 29/11/2023 [pic1]Warimpex: Real estate company Group succeeded in generating a clearly positive result amidst the still challenging market conditions first three quarters of year. Operating business remained strong with 16 per cent increase revenue and 5 improvement EBITDA. After depreciation amortisation property valuations this resulted profit for period EUR 3.2 million down from 13.6 million prior-year period. The focus recent activities has been on successful adoption new zoning plan office commercial developments Darmstadt as well completion Mogilska 35 Office Krakow after reporting date. “Our long-standing strategy allows us to retain necessary flexibility long-term stability – even excel at getting real projects off ground successfully implementing them ” commented CEO Franz ....
21st Austria weekly - Warimpex Andritz VIG 29/11/2022 [pic1]Warimpex: In the first three quarters of year real estate development company Warimpex improved all its key financial metrics versus prior-year period. The profit for period increased from Euro 2.6 mn to 13.6 mn. These developments can primarily be attributed following factors: higher occupancy at office properties in Poland; full consolidation an additional property St. Petersburg; improvement rates hotels particularly comparison previous which was still significantly impacted by Covid-19; and not least strength Russian rouble. addition earnings contribution EUR 2.8 million came successful disposal B52 building Budapest while no sales transactions were completed Total revenues 69 per cent 32.4 mn.Warimpex: ....