Immofinanz Reports Outstanding Results

Published: December 20, 2011; 10:34 · (Vindobona)

The Austrian real estate group going strong in the first half of 2011/12: Group result has more than doubled compared to the previous year. Net Profits are up by 145%.

Immofinanz Reports Outstanding Results / Picture: © Flickr

Immofinanz Group confirmed the successful trend that characterised recent quarters with a strong result in Q2 2011/12. The net profit for the second quarter 2011/12 reached € 236.9m, equivalent to an increase of 740% over the first quarter of the reporting year (€ 28.2m). Compared to the second quarter last year (€ 49.3m), the net profit for the period grew nearly five-fold…

This article includes a total of 1066 words.

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