Better than expected FY18 results. The 2020 deliveries are still a source of uncertainty.
Better than expected FY18 results. The 2020 deliveries are still a source of uncertainty. More cautious financial approach. NNAV of €1,334mn (€16.9/share) at December 2018. We maintain our Buy recommendation
Neinor Homes SA, formerly Neinor Homes SLU, is a Spain-based company engaged in the real estate sector. The Company focuses on the design, construction and promotion of residential properties. It develops housing projects in various Spanish cities, such as Malaga, Madrid, Barcelona, Cordoba, Vizcaya, Alicante, Almeria and Gerona.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
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