Warimpex Achieved Turnaround

Businessn.a. ♦ Published: April 3, 2012; 11:56 ♦ (Vindobona)

The Austrian real estate enterprise reported figures today. Sales rose by 11%.

Warimpex Achieved Turnaround / Picture: © Vindobona.org

Taking into account a change in the recognition of joint ventures from the proportionate to equity method according to IFRS, consolidated sales increased by 11 per cent to € 64.9m in the reporting period (comparison based on the adjusted balance sheet figures for the previous years). EBITDA, one of the most important indicators because it is not distorted by industry-specific…