Premia Properties announced the financial results for the year 2021.
As it became known, the Group’s revenues amounted to € 9.5 million compared to € 1.7 million in 2020. The Group’s operating profit before interest and amortization (EBITDA) increased by approximately 10 times compared to 2020 and amounted to € 10.8 million while EBITDA excluding Adjusted EBITDA, increased by approximately 7 times and amounted to € 3.7 million. Consolidated profit from continuing operations amounted to € 14 , 6 million, compared to € 2.4 million in 2020.
According to the announcement of the company, Expansion of the investment portfolio was recorded with the addition of ten (10) new properties as well as signing of preliminary agreements for the purchase of four (4) more properties within 2021. Strategic entry in the sector of serviced residential properties with the acquisition of real estate in Pei. At the same time, the company announced an increase of 87% of the total value of the Group’s investments, which amounted to € 198.9.
cm. on 31.12.2021.
The announcement of the company in detail in the column “Related Archives”
Source: Capital
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