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Buwog reports 23,6 % lower net profit

The residential property specialist Buwog registered a Q1 net profit of €22.7m, 23,6% less than in the same quarter last year. Recurring FFO, the most important indicator for BUWOG, fell by roughly 19% year-on-year to € 34.1 million. The decline resulted, above all, from a lower earnings contrib...[…]