Robyg contracted 727 residential units in Q1 2016
16:23
In Q1 2016, Robyg Group reached a record level of 727 contracted residential net units in Warsaw and Gdańsk, including resignations. Thus, it is the best quarterly result in its history. In comparison with the same period of 2015, the company has noted growth of 36 percent . In 2016 the Group expects to achieve contracting levels of approximately 2,600 units.
"The Management Board intends to maintain this growth trend – in 2016, construction on 3,500 apartments is expected to begin, and the land bank in the Group’s possession, as well as units on offer, secure the possibility to provide the delivery of approximately 10,000 units to the market. In the whole of 2015, ROBYG Group contracted a record 2,333 units," said Oscar Kazanelson, the Chairman of the Supervisory Board.
In addition, Robyg has also published their financial forecast for 2016. The company expects a consolidated operating profit of PLN 115 million and a recognition in revenues of approximately 2,800 units.
