XTRA:GYCReal Estate
One Off Gain Inflating Margins Tests Bullish Narrative On Grand City Properties XTRA GYC
Grand City Properties (XTRA:GYC) has opened 2026 with Q1 revenue of €153.6 million and basic EPS of €0.17, set against trailing 12 month revenue of €603.7 million and EPS of €2.40 that include the effect of a large one off gain. Over the past year, revenue has been in a range of approximately €599.3 million to €603.7 million, while basic EPS moved from €1.32 to €2.40 on a trailing basis. The reported net margin lifted to 72.5% from 38.1% as that €217.2 million gain flowed through. For...