Czech Orco revenues triples, beats forecasts

29.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech developer Orco Property Group's nine-month revenues almost tripled year-on-year on expanding construction activities and ...

...acquisitions, beating forecasts. 
    The Luxembourg-based company said revenues jumped to 213.3 
million euros ($315.9 million) for January-September from 79.6 
million in the same period last year.  
    Four analysts polled by Reuters had on average forecast 
revenues of 170.3 million euros. 
    Net profit also tripled to 68.4 million euros, mainly on 
revaluation gains booked in June, above the analysts' estimate 
of 52.9 million. 
    Orco said development activities alone made up for 140.7 
million euros in revenues. 
   (Reporting by Jan Korselt) 
  
     
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Autor článku

Jan Korselt  

Články ze sekce: Zpravodajství ČTK