Neinor Homes SA : Performance in line with the guidance and long-term trajectory
>Operating momentum maintained despite tougher macro conditions - Neinor Homes has released its H1 2022 results, with top-line growth and in particular revenue reaching € 389.4m (+19%) and adjusted EBITDA € 60.3m (+3% y-o-y). The adjusted EBITDA margin contracted slightly as expected to 15.5% (-2.5bp y-o-y) following the non-renewal of a services contract mid-2021 but would otherwise have remained stable thanks to efforts to adapt the development activity’s strategy t...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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