The Socimi Owned by KKR and Altamar Increased its Losses by 56% in 2019

24 April 2020 – Brainsre.news

The Socimi obtained revenues of €1.3 million in 2019 compared to the €571,100 it invoiced the previous year.

Elix VRS closed 2019 with losses of €2.5 million, up by 56% compared to those registered in 2018, as reported by the firm to the Alternative Investment Market (MAB).

The Socimi, which is owned by Altamar and KKR, obtained a turnover of €1.3 million in 2019 compared to the €571,100 it invoiced the previous year. The company explains that this is due to the “expansionary cycle that the group is in and its value creation strategy.”

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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