Annual Result 2010
The property and commission turnover was significantly increased. 2,229 properties were sold in total for € 89,161,029, which is an increase of 12% compared to the previous year (€ 79,077,188). The sales quota remained nearly unchanged at 87 %. The adjusted commission revenue increased from more than € 8.5 Million in 2009 to € 9.275 Million in 2010 (+ 8.7 %) and therefore even slightly increased compared to the adjusted commission revenue in 2008.
A significantly improved market environment, intensified acquisition and sales activities as well as the reduction of costs were the key factors for the corporate success in 2010. In line with our evaluation after the first half year, the positive business development continued in the second half of the year. On account of the good results we expect a significantly increased dividend.
The concrete dividend recommendation as well as the date for the shareholder's meeting 2011 will be announced at the start of April 2011.
