Nexity : Virtually stable Housing reservations in (-2.5%) with confirmation of a recovery in retail sales (+11.5%)
>9m reservations down 12% but Q3 virtually stable (-2.5%) - For the first 9 months of the year, the Nexity Group has reported sales of €2.5bn, down slightly by 8% compared with the same period last year (excluding divested activities). This level was higher than our estimates (€2,322m; +7.8% difference), with most of the difference related to commercial property (delivery of major programmes during the quarter) and the remainder to changes in the scope of consolidatio...Nexity in an integrated real estate group based in France. Co. operates in all areas of real estate development and services (residential real estate, commercial real estate, real estate services to individuals and real estate services to companies, distribution networks and client relations, major urban projects). Co. maintains a market presence across all industry cycles (short, medium and long). Co. serves three types of clients: individuals, companies and investors, and local authorities. Co.'s activities are conducted around four primary divisions: Residential real estate, Commercial real estate, Services and Distribution Networks, and Other activities.
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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