UBM Development AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 17.9 million compared to EUR 30.53 million a year ago. Net income was EUR 0.691 million compared to EUR 4.83 million a year ago.

Basic loss per share from continuing operations was EUR 0.15 compared to basic earnings per share from continuing operations of EUR 0.32 a year ago.