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Unibep developer crosses 1 billion pln revenue threshold in 2014

TAG'S: UNIBEP, Construction

Listed builder Unibep improved its 2014 net profit by some 27% and plans to allocate some one-third of the net take to dividend payments, the company's representatives said at a meeting with journalists.



Following are highlights from the meeting:




- the company estimates 2014 revenues at more than PLN 1 bln;




- the builder eyes some 18% increase in 2015 revenues and EBITDA, while net profit should also grow this year;




- the group's backlog for 2015 exceeds PLN 1 bln, while 2017 backlog stands at nearly PLN 663 mln; the company is working on securing over PLN 1.5 bln worth of general contractor deals in Poland and over PLN 360 mln on export markets;




- Unibep shelved the plans to float its real estate unit Unidevelopment and plans no share issues for the time being;


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