Realia Business, S.A. Announces Earnings Results for the Full Year Ended December 31, 2016
February 26, 2017
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Realia Business, S.A. announced earnings results for the full year ended December 31, 2016. For the year, the company reported total revenues of EUR 97.2 million compared with EUR 94.9 million for the same period a year ago. EBITDA was EUR 41.8 million compared with EUR 40.5 million for the same period a year ago. Net profit group share was EUR 115.7 million or EUR 0.250 per share compared with EUR 17.2 million or EUR 0.056 per share for the same period a year ago. Net financial debt was EUR 750 million compared with EUR 1,070 million for the same period a year ago. LBIT was EUR 8.4 million compared with EBIT of EUR 28.4 million for the same period a year ago. Earnings before taxes was EUR 145.8 million compared with EUR 39.0 million for the same period a year ago.
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. 
