INATECH Group announces business of €8.5 million and a slight increase in all divisions in 2023, in a slightly uncertain economic context, where overall consumption has been tempered. INATECH's biggest increases have been recorded in the export segment, through which it aims for a more accelerated expansion in Central and Eastern Europe in the coming years.
Cushman & Wakefield Echinox closed 2023 with a revenue of EUR 12 million, marking a 15% increase compared with the previous year. This impressive growth propelled the company to the second place among real estate consultants in Romania, in a year marked by a stagnation of this particular business segment.
TeraPlast Group’s results in the first quarter of 2024 exceed both the budget and the previous year’s performance, driven by streamlining the activities in each business line and organic growth alike. Positive contributions to the Group’s results were brought by the start of production at the Opal stretch film factory and the integration of Palplast’s operations in the Republic of Moldova, the recently acquired company.
Commenting on the results, Michael Slattery, Chief Executive Officer of Logicor, said: „2023 was a pivotal year for Logicor and we have reported an excellent set of operating and financial results."
CTP N.V. recorded in H1-2023 Net Rental Income of €268.3 million, up 26.8% y-o-y, and like-for-like rental growth of 7.5%, mainly driven by indexation and reversion on renegotiations and expiring leases. The contracted revenues for the next 12 months stood at €654 million as of 30 June 2023.
MLP Group enjoys a very good financial standing and a safe capital structure enabling the implementation of long-term strategic goals. This is confirmed by the results announced for the first quarter of 2023. During the period, consolidated revenue rose 51% yoy, to PLN 94.7 million, driven by increases in both leased area and rental rates. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 59%, to PLN 47.8 million. In the first quarter of 2023, MLP Group earned a net profit of PLN 26.1 million. Since the beginning of the year, the Group’s net asset value (NAV) has gone up 1%, to more than PLN 2.5bn. The value of investment property also rose 1%, to close to PLN 4.5bn.
MLP Group has a very good financial standing and a safe capital structure enabling the implementation of long-term strategic goals. This is confirmed by its reported 2022 performance figures. The Group’s Net Assets Value (NAV) went up 37%, to just under PLN 2.5 billion (EUR 532.6 million).
The international transport and logistics company Gebrüder Weiss posted turnover of 3.01 billion euros for fiscal 2022. This translates into a year-on-year gain of 18 percent (2021: 2.54 billion euros), and builds on the positive trend of recent years. “We have succeeded in adhering to and advancing our strategic goals in a challenging environment. We have expanded our position in the core markets of Central and Eastern Europe, the United States and Asia, while moving forward with our focuses on digitalization and climate neutrality by 2030.
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