Ronson with net loss in Q1 2016

Ronson Development, a real estate developer, has recorded a PLN 4.4 million net loss in the first quarter of 2016, worse than market consensus which stood at PLN 4.1 million net loss, the developer informed.

Recently, Ronson's CFO Tomasz Łapiński declared the main goals for 2016. "We assume that we can give our customers the keys to more than 1,000 apartments, which will influence the future and improve financial performance this year, " he said. "There are even better prospects for Ronson in 2016 than in 2015," Tomasz Łapiński continued.

In Q1, the developer sold 105 apartments, compared with 121 in the same period last year.