PropertyEU

Sponda Q1 profits surpass analysts predictions

By A staff reporter 2008-05-06T00:00:00

Finnish property company Sponda has reported first quarter operating profit of EUR 46.5mln, a significant drop on the EUR 103.4mln result in the same period in 2007 - but still ahead of forecasts. The higher than expected results were due to improved occupancy rates and higher average rents. Analyst forecasts ...

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