Neinor Homes SA : Good momentum in the company’s development
>Robust momentum in the two main business lines - Neinor Homes has reported 2021 results slightly above expectations, with adjusted EBITDA of € 158m (+43% yoy) vs guidance of € 150m and € 149m for the consensus. The performance reflects good momentum in all three of its businesses:Residential development (97% of revenue): Neinor continues to favour a price vs volume strategy as previously announced. The developer has accordingly raised its pre-sale prices by 3% i...Neinor Homes SA, formerly Neinor Homes SLU, is a Spain-based company engaged in the real estate sector. The Company focuses on the design, construction and promotion of residential properties. It develops housing projects in various Spanish cities, such as Malaga, Madrid, Barcelona, Cordoba, Vizcaya, Alicante, Almeria and Gerona.
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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