March 6, 2018 / 2:56 PM / a year ago

BRIEF-UBM Development Expects Pre-tax Profit At Around EUR 50 Mln

March 6 (Reuters) - UBM Development AG:

* EXPECTS NET DEBT OF AROUND EUR 480 MN AT YEAR-END 2017

* FY PROFIT BEFORE TAX CLIMBS TO AROUND EUR 50 MN, UP 25%

* FY TOTAL OUTPUT GROWS BY 33% TO EUR 740 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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