Hexaom reports sales of 203.6 ME for the 3rd quarter, up 3.5% on the same period a year earlier.
In detail, sales were up 7.6% in Home Construction, +13.4% in B2C Renovation, but down 52.9% in Land Development and -11.5% in Property Development.
For the first nine months of the year, sales rose by 8.4% to 755.6 ME.
Against this backdrop, the Group is targeting 2023 sales growth (on a like-for-like basis) in the order of 5 to 7%, with an improvement in operating profitability.
For 2024, in a market that remains difficult, particularly in the 1st quarter, the Group is forecasting a decline in production in the order of 25 to 30%, which has been anticipated for several months.
A vigorous action plan has therefore been progressively implemented, aimed in particular at adjusting the cost structure to the market downturn, preserving margins and controlling working capital', stresses Hexaom.
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HEXAOM is France's No. 1 builder of individual homes in various areas (land purchased separately by the customer). Net sales break down by activity as follows:
- construction, renovation and sales of individual and collective housing (98.4%): notably under the national names of Maisons France Confort, Maisons Balency and Maisons de Manon and the regional names of Maisons de l'Avenir, OC Résidences, Maisons Berval, Maisons Horizon, Azur & Construction and Maisons Côte Atlantique. Moreover, the group offers small-plan sales operations (from 2 to 20 houses for which the transfer of ownership occurs gradually by accession as work advances);
- services (1.6%): moving, tele-surveillance, interior and exterior decorating, etc.
At the end of 2023, homes were being marketed through more than 500 commercial offices located in France.
HEXAOM 
