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Atrium with Significant Increase in Profit
The real estate company achieved a plus of 19.4% in net rental income in the first half of the year. Profit before tax increased by 8.9% to € 113.7m.
Atrium with Significant Increase in Profit / Picture: © Vindobona.org
Atrium European Real Estate on Tuesday reported its results for the first half and second quarter ended 31 March2011. Net rental income grew by 19.4% to € 78.0m (H12010: € 65.3m; FY2010: € 134.5m), while like-for-like net rental income increased by 14.7% to € 71.2m (H12010: € 62.1m; FY2010: € 121.3m) reflecting the continued improvement in operating margin which increased to…
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