Budimex performs well in H1
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Budimex, a property developer, recorded PLN 86.91 million of consolidated net profit attributable to equity holders in H1, compared to PLN 67.80 million a year before, the company reports. The operational profit of PLN 109.99 million was higher than the PLN 88.63 million recorded a year before.
Consolidated sales revenue reached PLN 2,153.12 million in Q2 2014, with PLN 2,087.66 million a year before. Net profit in Q1 and Q2 of 2014 rose to PLN 51.22 million with PLN 84.86 million profit a year before.
Budimex, one of the largest property developers in Poland, is listed on the Warsaw Stock Exchange since 1995. The group includes companies such as Budimex Nieruchomości and Mostostal Kraków.