Report
Florent Laroche-Joubert

Metrovacesa : Trajectoire 2022 conforme aux attentes mais moindre visibilité au-delà

>Performance opérationnelle au S1 2022 en ligne avec les objectifs annuels - Metrovacesa a publié un résultat net S1 2022 à 12 M€ (vs -2.2 M€ sur le S1 2021) et un CF opérationnel de 76.3 M€ (+35.3% yoy) vs une guidance 2022 pour un CF opérationnel de 150 M€ :Niveau de commercialisation en ligne mais dynamique en baisse sur le T2 : Metrovacesa a vendu 980 logements au S1 2022 (dont 412 sur le T2) en hausse de 3% yoy à un prix moyen de 311 K€ / lot (+8% yoy) et en...
Underlying
Metrovacesa SA

Metrovacesa SA, formerly Metrovacesa Suelo y Promocion SA, is a Spain-based real estate developer. The Company specializes in construction and sale of sustainable housing, both single-family and multi-family residential properties. Its activities also include promotion, urbanization and parceling of real estate in general, as well as real estate management for own benefit or on behalf of third parties. Its asset portfolio includes more than 6 million square meters of building land across Spain, as well as already developed properties in cities, such as Malaga, Almeria, Cordoba, Barcelona and Madrid, 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
Florent Laroche-Joubert

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