Hexaom: sales down 13.2% in Q1
In detail, sales were down 14% in house building, -1.5% in renovation, -50% in land development and +11.4% in property development.
For fiscal 2024, Hexaom anticipates a decline in production of between 25% and 30% compared with 2023. The Group expects to maintain "satisfactory" operating profitability, at between 3% and 4% of annual sales.
Hexaom is confident in its ability to seize opportunities as they arise, and to bounce back as soon as market conditions become more favorable," adds the company.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction