The company in January-June sold 110 apartments, worth RON90.3 million, and sealed 177 new pre-sales worth RON132.4 million. The average sale price in 1H/2022 rose to EUR1.627/sqm, from EUR1.392/sqm.
“We’ve rapidly adapted to the new geopolitical context and managed to maintain a good sales and pre-sales pace. (…) For the second half of the year we plan to accelerate production and continue nationwide expansion. We are confident the ambitious project development program, together with the free-float increase will lead to improved liquidity of the company’s shares,” stated Constantin Sebesanu, CEO of Impact Developer&Contractor.
EBITDA ROSE TO ron19.4 million from RON6.92 million in 1H/2021.
At group level, gross profit stood at RON35.23 million, up 64% from the year-earlier period.
In June 30, 2022, Impact owned 89.4 hectares of land with an estimated value of RON786.5 million. By yearend, the company will deliver Greenfield Plaza compound. In the new 12 months, the company plans to complete another 750 apartments and is set to start new investments in another 850 apartments.
Impact Developer&Contractor has a RON1 billion capitalization.
(English version by Catalina Apostoiu)