TAG Immobilien (XTRA:TEG) Eyes Profitability with Eco-Friendly Launch Despite Rising Losses and Debt
TAG Immobilien (XTRA:TEG) recently announced its earnings for the nine months ending September 30, 2024, reporting a revenue increase to EUR 358.1 million and a significant turnaround with a net income of EUR 30.48 million, compared to a net loss the previous year. The company is navigating a promising growth trajectory, driven by strong market demand and strategic partnerships, despite challenges such as high debt levels and supply chain disruptions. The report covers key areas including...