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Urbas Doubles its Profits During H1 Following the Acquisition of the Construction Firm Murias

The listed real estate company obtained a profit of 1.7 million euros during the first half of the year and its turnover rose to 7.3 million euros thanks to the purchase of the Basque construction company Murias.

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The listed real estate firm Urbas Grupo Financiero registered a profit of 1.7 million euros during the first half of 2020, whereby doubling the figure recorded during the same period the previous year, as reported by the company.

The acquisition of the Basque construction company Murias in March increased the company’s turnover to 7.3 million euros, above that recorded during the entire financial year 2019.

Read the full article in Spanish.

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