Poland Ronson prepares for the market rebound
Residentialschedule 14 November 2022
Miasto Moje, one of Ronson's major current projects in Warsaw
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Ronson Development published its Q1-3 2022 financial report. Company’s total revenue amounted to PLN 199.4 mln, vs. PLN 349.4 mln in Q1-3 2021. The revenue decreased by PLN 150 mln, which is primarily explained by lower number of units delivered.
466 units were delivered to the customers during the nine months ended 30 September 2022, comparing to the 625 units delivered in the same period last year.
Gross margin during Q1-3 2022 amounted 24.5 pct and increased comparing to 18 pct in Q1-3 2021. The main projects affecting the gross margin are Ursus Centralny IIa with the margin of 24.2 pct, Ursus Centralny Ib with the margin of 27 pct and Nowe Warzymice II with the gross margin of 27.2 pct. During the Q1-3Q 2021 the main projec
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