Realia Reports Consolidated Earnings Results for the Full Year Ended December 31, 2017
February 27, 2018 at 12:04 pm EST
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Realia reported consolidated earnings results for the full year ended December 31, 2017. For the year, the company reported total revenue of EUR 100.7 million compared to EUR 97.1 million a year ago. EBITDA was EUR 44.9 million compared to EUR 41.8 million a year ago. EBIT was EUR 45.6 million compared to LBIT of EUR 8.3 million a year ago. Earnings before taxes were EUR 54.7 million compared to EUR 145.8 million a year ago. Net results (group share) were EUR 30.5 million compared to EUR 115.7 million a year ago. Recurrent net results (group share) were EUR 17.5 million compared to EUR 19.4 million a year ago. Net financial debt was EUR 678 million compared to EUR 750 million a year ago. Earnings per share were EUR 0.047 compared to EUR 0.251 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. 
