conwert Announces Augmenting Operating Results

Published: March 24, 2011; 00:00 · (Vindobona)

conwert Immobilien Invest SE, listed on the Vienna Stock Exchange, reported a strong operating result in the financial year 2010. Dividends will be increased.

conwert Announces Augmenting Operating Results / Picture: ©

The new dynamism in the capital and financial markets, the resulting increase in demand for residential properties and the takeover and consolidation of ECO Business- Immobilien AG led to revenues totalling € 547.2 m. The profit on sales reached a record level of € 37.7 m. Earnings before interest and taxes (EBIT) recorded an increase by 9% to € 103.2 m, and earnings before…

This article includes a total of 786 words.

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