As the coronavirus pandemic continues and markets across the world deal with the consequences of the virus, not every company is feeling the pressure.
Danish independent housing platform giant, Boliga Gruppen, released Q1 results showing the numbers are up and the company has an optimistic outlook on the rest of 2020.
Boliga reported Q1 revenue hitting DKK13.3 million (approximately US$1.9 million) while the Q1 for 2019 was DKK11.2 million (approximately US$1.6 million).
Q1 2020 pre-tax profit is DKK2.6 million (approximately US$381,000) while its Q1 2019 loss was 0.1 million.
Boliga is expecting a pre-tax result for 2020 to be in the range of DKK7-9 million while the revenue outlook for 2020 is forecasted to be DKK50-55 million.
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