May 21, 2020 / 6:01 AM / 9 days ago

BRIEF-Aedas Homes Q1 Net Result Turns To Profit At 3.2 Mln Euros YoY

May 21 (Reuters) - Aedas Homes SA:

* SAID ON WEDNESDAY Q1 REVENUE 70.0 MILLION EUROS VERSUS 14.0 MILLION EUROS YEAR AGO

* Q1 NET PROFIT 3.2 MILLION EUROS VERSUS LOSS 3.5 MILLION EUROS YEAR AGO

* Q1 POSITIVE EBITDA 7.9 MILLION EUROS VERSUS NEGATIVE 3.1 MILLION EUROS YEAR AGO

* SAID CO HAS STRONG LIQUIDITY WITH 136 MILLION EUROS AVAILABLE IN CASH AND SIGNED 4 NEW DEVELOPER LOAN CONTRACTS FOR 46 MILLION EUROS

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Further company coverage: (Gdansk Newsroom)

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