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Insur’s Profits Rose by 138% to €21 Million in 2020

The property developer controlled by the Pumar family increased its turnover by 8.2% to 132.8 million euros in 2020 and achieved a profit of 21.1 million euros.

Promocion de viviendas de Insur en Conil playa 1024x768 1

The Andalucían company Inmobiliaria del Sur (Insur) achieved a profit of 21.1 million euros in 2020. In this way, the coronavirus crisis failed to affect the company’s net result, which increased by 138% compared to 2019.

Meanwhile, Insur’s turnover rose to 132.8 million euros, up by 8.2% compared to the previous year. Moreover, its operating profit increased to 35.3 million euros, up by 47% YoY, as reported by the firm to the National Securities Market Commission (CNMV).

Read the full article in Spanish.

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