(CercleFinance.com) – For the first quarter of the current financial year, the Hexaom Group achieved a turnover of €221.8 million, down 13.2% (at constant scope) compared to the same period. from last year, which constituted a high basis for comparison.
In detail, activity fell by 14% in house construction, -1.5% in renovation, -50% in land development and +11.4% in real estate development.
For the 2024 financial year, Hexaom anticipates a decrease in its production of around 25 to 30% compared to 2023. The group estimates that it should maintain ‘satisfactory’ operational profitability, between 3% and 4% of the figure. annual business.
‘With a solid foundation and a very healthy financial structure, Hexaom is confident in its ability to seize the opportunities that arise and to bounce back as soon as market conditions are more favorable,’ adds the firm.