AEDAS Homes : The mid/high-end positioning is key!
>2022-23 guidance confirmed based on preserved fundamentals in H1 - Aedas Homes demonstrated yesterday at its conference call following the presentation of its H1 2022-23 results, that its residential development business in Spain remains in good shape despite a worsening environment:Demand remains resilient for mid/high-end housing: while the number of units sold (i.e. 1,058 units in H1) is down a significant 30% in the context of a price vs volume strategy, Aed...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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