Warimpex revenues rise

Warimpex Finanz saw its second quarter revenues rise 25% on the back of what it’s describing as “clear stabilization in the hotel industry.”

An especially encouraging upswing was seen in the business travel segment, and conference business is also starting to pick up again. At the same time, improved occupancy rates and especially better conditions on the transaction market allowed part of the impairment write-downs that were made in 2009 to be reversed.

The company turned in positive EBITDA and EBIT and a strong surplus in the second quarter, with HI profits topping out at €3.7m.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s