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.


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