Detail akcie RANK PROGRESS online

Business Summary: RANK PROGRESS SA is a Poland-based company engaged in property investment and development. It operates in two main segments: real estate rental and real estate sales. Its business model is based on purchase of a real estate, land integration, administrative preparation for development, construction works and management or sale of a property. In addition, it also offers a rental space to shopping centers in main cities across Poland. The Company’s client portfolio includes Tesco, Carrefour, H&M, Empik, Leroy Merlin, Metro-Makro Cash & Carry, Praktiker and others. As of December 31, 2011, it operated through 34 subsidiaries. On November 14, 2012, the Company acquired 100% stake in Gemar - Umech Sp. z o.o. On November 16, 2012, the Company acquired a 100% stake in Rank Recycling Energy Sp. z o.o.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, RANK PROGRESS SA revenues increased from PLN55.7M to PLN138.4M. Net income increased from PLN12.1M to PLN46.9M. Revenues reflect Sale of Properites segment increase from PLN13.2M to PLN96.6M. Net income benefited from FV Adjustment on Derivatives decrease of 71% to PLN1.1M (expense), Financial Expense, remaining decrease of 64% to PLN781K (expense).