Market announcement
City Service SE
LEI code
25940046BHY41BKNKJ92
Size of the entity
Large group
Economic activities
Real Estate Activities
Country of registered office
Estonia
General information
Categories
Management interim statement or quarterly financial report
Unique data record identifier
7468
Attachments
Submission date and time
02.09.2019 16:19:11
Content of announcement in English
Title
City Service unaudited consolidated results for the six months of 2019
Message
City Service announces its unaudited Consolidated Interim Financial Statements for the six months of 2019, prepared according to International Financial Reporting Standards. Consolidated revenue of City Service for the six months of 2019 was EUR 88.1 million, an increase by 8.9% over EUR 80.9 million for the six months of 2018. Net profit for the period amounted to EUR 1.8 million, a 36% decrease over EUR 2.8 million net profit from a year ago. EBITDA for the six months of 2019 was EUR 6.6 million. It did not change comparing to first half of 2018. There was a positive effect to EBITDA result for the six months of 2019 from adoption of IFRS 16 which resulted in EBITDA increase by EUR 1.1 million comparing with the result for the six months of 2018. Artūras Gudelis Chairman of the Management Board +370 5 2394900