Jul
10
2010
Kaufman & Broad: First-Half 2010 Financial Results (Approved by the Board of Directors)
Posted by Usual in Bank approved short sales, tags: 2010, approved, Board, Broad, Directors, Financial, FirstHalf, Kaufman, ResultsKaufman & Broad: First-Half 2010 Financial Results (Approved by the Board of Directors)
PARIS—-Regulatory News: Sharp increase in sales in first-half 2010 Housing orders up 55% in value Take-up rate of more than 30% for new programs Significant improvement in financial indicators Gross margin up 4.2 points to 17.1%, from 12.9% in first-half 2009 Sharp reduction in working capital requirement to 15.6%, from 31.2% at May 31, 2009 €202 million reduction in net debt, compared with …
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