SiGLA News

SiGLA closes a fruitful fiscal year 2013 with a 23% increase in its turnover

At the end of its fourth fiscal year, it increases its material assets.

SiGLA closes a fruitful 2013 financial year with a 23% increase in its turnover.

The Company consolidates its presence in the market as a reference company in the commercial real estate sector.

At the end of fiscal year 2013, the company founded in December 2009 constitutes a group of 15 commercial companies dedicated to the provision of services, the promotion of commercial projects and the asset management of commercial real estate assets.

The fixed assets incorporate among their tangible assets two new shopping centers, a merchandise platform, a supermarket and two service stations.

The Group’s turnover this year has reached €18.8 million, which represents an increase of 23.3% compared to the previous year. Likewise, the net profit of the parent entity experienced an increase of 20.5% in 2013 over the result of the previous year.

With a staff that has more than 20 years in the sector, the main indices of the young Company’s balance sheet show a high level of solvency and a healthy quality of debt, which is oriented towards the long term, accommodates the projects in which Si- GLA focuses its activity.