Réalités has reported net income (group share) of €3.6 million for the 1st half to June 30, 2023, up sharply on the same period a year earlier (€2.8 million).

Earnings per share for the first half came to 0.83 euros, compared with 0.79 euros previously.

Also in the 1st half, sales rose by 32.6% to 187.1 ME, with EBITDA up 27.1% to 22.2 ME.

In this difficult period, the Group's growth indicators are showing good progress, in line with the expectations announced in our last publications", says Réalités.

For the full 2023 financial year, in a market that will remain difficult in the second half, Réalités is targeting sales (excluding VAT) in excess of 400 ME and an increase in operating profit. Deeds of sale should exceed 500 ME, and reservations are also expected to rise to over 600 ME.

Nevertheless, in view of market conditions, and in order to maintain profitability, the Group's Board of Directors has decided to reduce its growth trajectory, postponing its target of reaching sales of 800 ME by 2025.

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