Report
Christophe Chaput ...
  • Hela Zarrouk

Kaufman & Broad : Des résultats T1 logiquement en baisse mais la profitabilité opérationnelle reste relativement élevée

>Des résultats T1 logiquement en baisse : ROC 16.7 M€ vs 19.2 M€ estimé - Au titre de son premier trimestre, le groupe Kaufman & Brod publie des résultats en baisse. Nous retenons ainsi : 1/ un chiffre d’affaires de 228 M€ en recul de 61% (nous retenions 274.2 M€). Cette évolution, bien que plus prononcée que nous ne l’estimions, est totalement cohérente puisque le groupe subit une base de comparaison très défavorable sur le Tertiaire (CA : 27.2 M€ vs 353.9 M€ au T1 2...
Underlying
Kaufman & Broad SA

Kaufman & Broad SA is a France-based property developer and builder. The Company is principally engaged in the development of single family homes and apartments, commercial real estate activity, as well as the provision of residence services for business tourists and students. The Company is involved in all stages of implementation of a development program, land research to commercialization of housing through project design, the filing of a building permit and after-sales service. The Company has operations in numerous cities in France, such as Bayonne, Bordeaux, Grenoble, Lille, Lyon, Marseille, Montpellier, Nantes, Nice, Paris, Rouen, Strasbourg, Toulon and Toulouse, among others. Furthermore, the Company provides construction of logistics platforms and warehouses. It is also operational through a number of subsidiaries, including Kaufman & Broad Pyrenees-Atlantiques, Kaufman & Broad Homes SAS, SM2I and Residences Bernard Teillaud SARL, among others.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Christophe Chaput

Hela Zarrouk

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