Flying Elephant delivers a solid annual result

Flying Elephant reported sales of MNOK 1.798 and an operating profit of MNOK 781 for 2013. The good results come from improved hotel operations and profits from the sale of the properties Hotel Amaranten, Hotel Skt Petri and Hotel Vesterbro. – We are very pleased with the results for 2013. This clearly demonstrates that we have made  good real estate investments, and that the measurements we have implemented pays off, says Flying Elephants founder and chairman of the board, Asmund Haare Positioned for growth The real estate and development area of the group