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Declining Sales at UBM
The Austrian real estate company hat do report a decline in sales of 15%. However, profits rose slightly.
Declining Sales at UBM / Picture: © Vindobona.org
Sales revenue of the UBM Group as of 31 March 2011 totalled € 31.0 m (previous year: € 36.3 m). Consequently, this corresponds to a decrease on the previous year of € 5.3 m. This performance is largely attributable to construction work in Poland and to the sale of a residential building in Germany. The primary segments are divided on a geographical basis into the business lines of…
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