CBO TERRITORIA: H1 2021 revenue of EUR 36 4 million (down 3 9%): mix more favourable to recurring income finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
CBO TERRITORIA: 2020 revenue of EUR 103.6 million (down 6.4%), a strong performance given the impact of the first lockdown and a high base for comparison in Property Development in 2019
Property Investment: €20.8 million, up 0.6%, excluding block sales of homes and including lockdown-related rent relief
Property Development: €78.8 million, down 6.2%, with a firm contribution from block sales of homes and a further increase in building plots We achieved strong revenue in 2020, which shows our resilience given the impact of the first lockdown. In La Réunion, which has so far been relatively unaffected by Covid-19, our Property Investment business achieved slight growth at constant scope, not including assets due to be integrated in 2021. Property Development business levels ended a peak, with a very strong second half that partly made up for the slowdown in business in the first. The breakdown of our Property Development sales suggests that our margins increased in 2020, said