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Lar España Obtained a Net Profit of €13.6 Million in Q1 2022

The Socimi will pay a dividend of 36 cents per share at the end of the month, corresponding to a total disbursement of 30 million euros.

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Grupo Lar has announced its results for the first quarter of the year. The Socimi obtained revenues of 20.6 million euros between the months of January and March 2022, compared to the 20.9 million euros that it invoiced during the same period in 2021.

The slight decrease was caused by the rent discounts agreed during the pandemic and the fact that 0.6 million euros was received during the first quarter of 2021 for the 22 supermarkets that Blackbrook acquired in February last year.

Read the full article in Spanish.

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