Nexity: Q1 revenues up 28% at E881m

(CercleFinance.com) - Nexity has announced Q1 revenues of 881 million euros, up 28% y-o-y.


The Group's order book at the end-March 2019 stood at 4,491 million euros, up 0.5% from end-2018. This represents the equivalent of 16 months of sales of Nexity's property development business.

In 2019, revenues and EBITDA are expected to increase by at least 5%. The group has confirmed its target of 10% average annual growth (from 2017 to 2021) in sales and EBITDA.



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