Groothandelsgebouwen N.V. increases profit forecast

Half year figures 2002 show a slight increase of 3.0% in earnings after tax compared to the first six months of last year and amounted to € 2.328.000. Rental revenues increased by 8.7% during the first six months of 2002 compared to the same period last year and amounted to € 6.069.000.

Oprational expenses increased by 15.6% due to a reservation for maintenance of € 225.000, where no reservation was made last year. Interest charges increased due to the start of the Revitalisation Plan as credit facilties have been used to realize the plan.

For more information please visit www.groothandelsgebouw.nl.

(source: Groothandelsgebouwen)

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