on HEXAOM (EPA:HEXA)
HEXAOM: 2024 results in line with forecasts with a turnover of €727.2 million
HEXAOM announces a turnover of €727.2 million for 2024, down 29% compared to 2023. House construction reached €599.5 million, marking a decrease of 31.5%, impacted by the real estate crisis. The renovation activity is also down, recording €45.4 million. However, the intermediated activity increased by 60.7%. Real estate development shows limited growth of 2.7%, generating €71 million.
The group forecasts a profitability of 3% for 2024 despite a difficult market. Real estate sales recover at the end of the year, supported by more favorable credit conditions. HEXAOM remains cautious but optimizes its diversification, anticipating a more favorable market in 2025.
R. E.
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