Arco Vara reports increased sales revenue and profits in Q1 2025

From GlobeNewswire: 2025-04-24 02:00:00

In Q1 2025, Estonia’s real estate market showed signs of revitalization, with increased transaction activity and consumer interest, especially in the residential segment. Arco Vara sold apartments in various developments, acquired a new site for future projects, and made progress on ongoing developments like Kodulahe and Kuldlehe.

Key performance indicators for Q1 2025 show Arco Vara’s sales revenue increased to 1,706 thousand euros, with operating and net profits also improving compared to Q1 2024. The group sold 4 apartments and saw a rise in debt burden, while maintaining a focus on completing ongoing projects and planning future developments.

Arco Vara’s quarterly operating report highlights revenue from real estate sales, franchise fees, and progress on various projects like Soodi 6, Kodulahe, and Botanica Lozen. The company’s subsidiary, Arcojärve OÜ, also has plans for a new development project in Tallinn, focusing on residential and commercial real estate near Lake Harku.

The consolidated statement of comprehensive income for Q1 2025 shows a net profit of 103 thousand euros, a positive turnaround from the previous year. The statement of financial position reveals the company’s financial standing, with total assets and equity increasing, indicating a solid foundation for future growth and development.



Read more at GlobeNewswire:: Arco Vara unaudited consolidated interim report for Q1 of