In brief

IMMOBEL announces solid results generated mainly by the completion of a landmark project.

• Net consolidated profit: 9.3 MEUR (compared to 0.4 MEUR at 30th June 2009).
• Operating profit: 10.6 MEUR (compared to 3.0 MEUR at 30th June 2009).
• Continued development of its projects in the three areas of activity: Offices, Residential and Landbanking.
• Financial structure sound and net debt limited to 40%.