21st Austria weekly - Warimpex (06/06/2025)

Wir haben nicht vor, den russischen Markt zu verlassen.Franz Jurkowitsch, Warimpex  >> Öffnen auf photaq.com

Warimpex: For the real estate development company Warimpex the new year has started with a 9 per cent increase in revenues and an improved result for the period (excluding Russia) over the first three months. On the operational side, our current development projects and new lettings are also proceeding according to plan, particularly with regard to our office properties in Poland. Revenues improved by 9 per cent to EUR 5.4 million in the first quarter. Specifically, this was attributable to the increase in revenues from office properties from EUR 3.0 million to EUR 3.5 million that stemmed primarily from the completion of the Mogilska 35 office building at the end of 2023 and the conclusion of new lease agreements. Revenues in the Hotels segment declined by 20 per cent versus the prior-year period to EUR 1.2 million as a result of lower occupancy in the long-stay segment in Darmstadt. EBITDA improved from EUR 0.2 million to EUR 0.4 million, primarily due to higher revenues from office properties. The financial result went from minus EUR 1.8 million to minus EUR 1.5 million.
Warimpex: weekly performance: 9.80%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (06/06/2025)

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1. Wir haben nicht vor, den russischen Markt zu verlassen. Franz Jurkowitsch, Warimpex   >> Öffnen auf photaq.com

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