AEDAS Homes : Good visibility on growth short term but more uncertainty medium term
>Good visibility on operational performance on FY 22-23 and FY 23-24 … - In its quarterly release at the end of last week, Aedas Homes showed its solid capacity to maintain its roadmap for the years to March 2023 and March 2024:The letting rate for future deliveries remains very high to date: 1/ 89% of deliveries for March 23 (i.e. c. 2,700 units targeted; +18% y-o-y) and 62% of deliveries for March 24 (i.e. 3,200 – 3,300 units targeted; +41% vs March 22) had alr...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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