UNI - EN REPORT No
UNI - EN REPORT No37/37
BUWOG AG can look back on successful business development during the first nine months of the 2017/18 financial year. Recurring FFO, BUWOG‘s central management indicator, rose by 25.7% year-on-year to EUR 107.4 million. This increase was supported by strong results of EUR 40.4 million NOI from the Property Development business area in the first nine months 2017/18. In comparison with the first nine months of the previous year (9M 2016/17: EUR 7.5 million), the development business (new residential construction), which distinguishes BUWOG from its competitors, more than quintupled its earnings contribution.