AEDAS Homes : Very good Q1 and full-year targets maintained in a buoyant market!
>Very decent operating performance in the quarter - Aedas Homes reported a good operating performance for Q1 2021-22, beating the consensus with in particular sales of € 107.5m (vs consensus: € 83.5m), and excellent sales momentum in line with its growth trajectory:The number of deliveries rose by more than 330% y-o-y in Q1 2021-22: Aedas Homes delivered 268 homes to its private customers in Q1 2021-22 (vs Q1 2020-21: 62 and consensus: 228) with a relatively high...Aedas Homes is engaged in the housing development business in Spain. The company has a portfolio of approximately 1.5 million square meters of land that it develops for residential purpose. Co. develops multifamily homes for the housing market in Madrid, Catalonia, Levante and Majorca, Costa del Sol and Seville.
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