Artea: 42% jump in revenue in 2023


(AOF) – The Artea group, a specialist in low-carbon real estate, recorded a turnover of 111.1 million euros in 2023, up 42% compared to 2022. All of the group’s activities are growing. The year was characterized by a continued diversification of sources of income with a contribution from the promotion activity which decreased to 75% (compared to 80% in 2022 and 89% in 2021) for the benefit of the two new pillars which are the Renewable Energy (9%) and Services (16%) activities.

Revenue from promotion activity increased by 32% to 82.9 million euros. Renewable energies recorded a 2.4-fold increase in activity to 10.3 million euros.

The group has signed a new Vefa with Immobilière Durable for 10.5 million euros for an asset located in Aix-en-Provence. This asset will be delivered during the first half of 2024.

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