(CercleFinance.com) – Kaufman & Broad publishes a turnover of 849 ME for the 1st half, against 575 ME for the same period a year earlier, an increase of 47%.
At the same time, EBIT came to 67.7 ME, compared to 42.8 ME a year earlier (i.e. +58%), and the net profit group share amounted to 38.5 ME, an increase of 69%.
The CEO. Nordine Hachemi nevertheless wished to point out that the financial results reflect the taking into account of the start of the A7/A8 operation works at Austerlitz, which continue to take place according to schedule, and thus contribute to the significant increase in the turnover. business of Kaufman & Broad and its results.
The group has also provided details on its outlook for 2023.
Kaufman & Broad estimates that net income group share should increase by around 20%. The group is targeting an increase in its turnover of around 6 to 10%. Finally, positive net cash should be around 50 million euros.