Nexity: 9m sales down 13%
(CercleFinance.com) - Nexity has announced sales of E2.
57bn for the first nine months of the year, down 13% as reported and -8% LFL, with a backlog of E4.5bn, i.e. two years of activity in residential real estate.
Our commercial activity in Q3 showed good momentum in retail sales, up 11%, notably driven by our commercial offer launched at the end of September, in partnership with LCL, it says.
Nexity maintains its outlook for 2024 unchanged, including positive operating result marking a financial low point enabling a rebound the following year. It therefore targets an improvement in profitability as early as 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
57bn for the first nine months of the year, down 13% as reported and -8% LFL, with a backlog of E4.5bn, i.e. two years of activity in residential real estate.
Our commercial activity in Q3 showed good momentum in retail sales, up 11%, notably driven by our commercial offer launched at the end of September, in partnership with LCL, it says.
Nexity maintains its outlook for 2024 unchanged, including positive operating result marking a financial low point enabling a rebound the following year. It therefore targets an improvement in profitability as early as 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.