Realia Reports Consolidated Earnings Results for the First Six Months Ended June 30, 2017
July 28, 2017 at 02:55 pm EDT
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Realia reported consolidated earnings results for the first six months ended June 30, 2017. For the period, the company reported total revenue of €49.1 million against €49.6 million a year ago. EBITDA was €20.8 million against €19.7 million a year ago. Net result (group share) was €20.4 million against €130.3 million a year ago. Earnings per share were €0.032 against €0.283 per share a year ago. EBIT was €26.5 million against €20.7 million a year ago. Earnings before taxes were €35.9 million against €140.9 million a year ago. Net financial debt was €725 million.
REALIA Business SA (Realia) is a Spain-based company engaged in the promotion, development and exploitation of rural and urban real estate properties. The Companyâs properties include office buildings and commercial centers in Madrid, Barcelona, Seville, Guadalajara, Soria, A Coruna and Murcia, as well as residential properties, garages, premises and storage areas in Alicante, Almeria, Girona, Balearic Islands, Las Palmas, Madrid, Malaga, Seville, Valencia and Valladolid. The Company operates through a number of real estate entities, such as Noralia SA, Valaise SL, Realia Business Portugal Unipersonal Ltda, Realia Polska Inwestycje Sp z oo, Realia Contesti SRL and Guillena Golf SL. In addition, the Company is a subsidiary of Inmobiliaria Carso SA de CV.
REALIA BUSINESS, S.A. 
