Toivo Group Plc’s business review 1 January–31 March 2022: Operating profit more than doubled to EUR 7.0 (2.7) million, growth of 155%*. The company updates its outlook for the current year
Business Review, 11. May 2022 at 8:30 * Unaudited FINANCIAL PERIOD 1 JANUARY–31 MARCH 2022 KEY EVENTS · Operating profit MEUR 7.0 (2.7). · 179 (16) apartments were completed during the period under review. · 262 (70) apartment start-ups during the period under review. · Contracts for building a total of 85 (137) apartments were made during the period under review. UPDATE OF GUIDANCE FOR 2022 · The company expects the operating profit of the financial year of 1 January–31 December 2022 to be EUR 22–28 million. (Previously: The company expects the operating profit