According to information from the Comisión Nacional del Mercado de Valores (CNMV), this increase is mainly explained by the “solid” increase in rental income (+5%), reduction in spending, and an increase in results from Paris based on the increase in the participation of the French subsidiary from 53.1% a year ago to the present 58.5%..
In a release, the company explained that, “The year 2017 began with excellent results which have consolidated the positive direction of the two previous years, and maximum capacity for attracting clients of the highest quality,” as quoted in the ‘Economista’.