Orco swings to EUR13m loss in Q1

Central European property firm Orco Property Group said its revenues slipped 19.5% to EUR 47mln in the first quarter of 2008, resulting in a net loss of EUR 13mln compared to a profit of EUR 400,000 in the year-earlier period. Earnings before interest taxes depreciation and amortisation (EBITDA), at EUR ...

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