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BRIEF-Stern Immobilien FY group profit turns positive
June 30, 2017 / 1:37 PM / 5 months ago

BRIEF-Stern Immobilien FY group profit turns positive

June 30 (Reuters) - STERN IMMOBILIEN AG:

* FY CONSOLIDATED SALES UP BY 544.7 PERCENT TO EUR 49.3 MILLION VERSUS EUR 7.6 MILLION YEAR AGO

* FY GROUP PROFIT IMPROVED FROM MINUS 2.9 MILLION EUROS IN 2015 TO 7.4 MILLION EUROS

* FY EBITDA ROSE FROM EUR 5.3 MILLION IN 2015 TO EUR 7.2 MILLION IN 2016

* FOR 2017 CONFIDENT TO ACHIEVE PRIOR-YEAR RESULT AT THE CORPORATE LEVEL

* SAYS ABLE TO FURTHER EXPAND POSITIVE DEVELOPMENT IN SALES AND EARNINGS IN THE COMING YEARS‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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