Nexity Full Year 2023 Earnings: EPS: €0.35 (vs €3.40 in FY 2022)

Nexity (EPA:NXI) Full Year 2023 Results

Key Financial Results

• Revenue: €3.96b (down 8.9% from FY 2022).
• Net income: €19.2m (down 90% from FY 2022).
• Profit margin: 0.5% (down from 4.3% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: €0.35 (down from €3.40 in FY 2022).

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

Nexity Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 1.0% decline forecast for the Real Estate industry in France.

Performance of the French Real Estate industry.

The company's shares are down 29% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Nexity (1 is significant) you should be aware of.

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