Nexity SA NEXI.PA:
* 2023 ANNUAL RESULTS IN LINE WITH OBJECTIVES
* 2023 turnover of EUR 4.3 billion
* 2023 OPERATIONAL RESULT AT EUR 246 MLN
* 2023 NET DEBT OF EUR 776 MLN (DOWN BY EUR 43 M COMPARED TO 2022)
* EUR 882 MLN OF CASH IN 2023 AND UNDRAWNED CREDIT LINE AT EUR 630 MLN
* FORECASTS FOR 2024: POSITIVE OPERATIONAL RESULT MARKING A FINANCIAL LOW POINT, TAKING INTO ACCOUNT THE VALUE GAINS FROM DISPOSALS, THE COSTS OF ADJUSTING THE OFFER TO THE NEW MARKET DATA AND THE COSTS LINKED TO THE REORGANIZATION OF THE GROUP ALLOWING A REBOUND 2025
* 2024 FORECAST: NET FINANCIAL DEBT SIGNIFICANTLY LOWER THAN THAT AT END 2023
Original text on Eikon ID:nGNE3GdLSH For more details click on NEXI.PA
(Gdansk editorial office)