Monday, 17 March 2025
Impact Developer & Contractor S.A. reports a net profit of RON 84.8 million in 2024, double the previous year. And at the group level, the consolidated net profit doubled in 2024, to RON 59.2 million, and the turnover increased by 80% compared to 2023, to RON 308.2 million.
Housing sales increased by 108% compared to 2023, to 328 units traded, to which is added a commercial space. Together with the parking spaces, gardens and associated garages, they generated revenues of RON 219.4 million in 2024. A significant impact on these results was the start of the procedure for signing the sale-purchase contracts and delivering the apartments in the new development phase of the Greenfield Băneasa neighborhood.
“In our 34 years of experience on the Romanian residential market, we have learned that adaptation is the key to navigating difficult times and progressing. This concept also helped us in 2024, a year with many challenges, marked by unpredictability. We adapted our strategies and streamlined our operations and expenses, and this led to positive results: doubling net profit and an 80% increase in turnover. IMPACT continued to show resilience and demonstrate its capacity for growth, also marking a doubling of earnings per share. After an intense year for the entire IMPACT team, we are happy with the results obtained and are motivated to continue our evolution plans, which aim to continue the development of the Greenfield Băneasa neighborhood, the 100% lease of the commercial spaces in Greenflied Plaza, the sale of the last units in Luxuria Residence and Boreal Plus and the development of the premium mixed-use project in Barbu Văcărescu, Bucharest,” said Dan Sebastian Câmpeanu, CEO Impact Developer & Contractor.
Source: economica.net
