conwert significantly increases earnings

Businessn.a. ♦ Published: August 23, 2012; 16:30 ♦ (Vindobona)

In the first half of 2012, earnings before tax (EBT) increased by 45.2% to € 18.0m. Net income was up by 17.1% to € 9.6m.

conwert significantly increases earnings / Picture: © Vindobona.org

conwert Immobilien Invest SE, which is traded on the Austrian ATX, has completed the first half of 2012 with a strong overall result.

The residential property specialist increased its earnings before taxes (EBT) by 45.2% to 18.0m as of the reference date 30 June 2012 (1-6/2011: 12.4m). This positive development is largely due to conwert's greater…