Nexity First Half 2024 Earnings: EPS: €0.81 (vs €0.15 in 1H 2023)

Nexity (EPA:NXI) First Half 2024 Results

Key Financial Results

• Revenue: €1.58b (down 16% from 1H 2023).
• Net income: €45.1m (up 426% from 1H 2023).
• Profit margin: 2.9% (up from 0.5% in 1H 2023).
• EPS: €0.81 (up from €0.15 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nexity Earnings Insights

Looking ahead, revenue is expected to fall by 1.5% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Real Estate industry in France.

Performance of the French Real Estate industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Nexity you should be aware of.

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