Nexity: confirms FY targets

(CercleFinance.com) - After trading on Wednesday Nexity reported Q1 2018 sales of 688 million euros, up 4% y-o-y.


The contribution from the division for individuals increased 7% y-o-y to 603 million euros. However, that of the corporate clients decreased by 12% to 85 million euros.

Meanwhile, backlog inched up 1% compared to its level at end- December, reaching 4.04 billion euros as of 31 March. This represents the equivalent of 18 months of property development business for Nexity.



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