热门资讯> 正文
Neinor Homes公布上半年收入1.48亿欧元，重申25财年目标
2025-07-25 20:53
- Neinor Homes (OTCPK:NNRHF) posted its results for the first half of 2025 on Friday.
- Total revenues amounted to €148mn, of which the core Build-to-Sell (BTS) business contributed €112mn through the delivery of 323 units at an average selling price (ASP) of €348,000.
- The asset management platform contributed €9mn, while ancillary activities including land sales, rental income, and construction services generated an additional €27mn.
- The company achieved a 30.6% gross margin, supported by a favourable product mix, disciplined pricing strategy, and tight control over construction costs.
- This translated into a gross profit of €45mn and an EBITDA of €18mn. At the bottom line, adjusted net income stood at €6mn, reflecting the expected concentration of deliveries in the second half of the year.
- Neinor reiterated its FY25 targets with bulk of deliveries scheduled to take place during 2H25 as follows:
- Deliveries: c.2,000
- Total Revenues: €600–700mn (ASP: €375,000–400,000 per unit)
- EBITDA: €100–110mn (c.28% gross margin)
- During the first half, the company pre-sold 1,701 housing units, representing a 45% year-over-year increase. These transactions generated a total economic value of €579mn, with an ASP of €340,000 per unit.
- Within Neinor’s fully owned BTS portfolio, pre-sales reached 957 units worth €348mn (ASP: €364,000 per unit), marking a +20% increase over the same period last year. In addition, Neinor sold 251 units from its Build-to-Rent (BTR) portfolio, including the Delta and Seville developments to Round Hill Capital, as well as part of the Sardes portfolio to 1810 Capital.
- As of June 30, Neinor’s total managed orderbook stood at a record 4,520 housing units, representing €1.63bn in future revenues. Of these, 2,274 units belong to Neinor’s fully owned portfolio and had an economic value of €824mn (ASP: €363,000 per unit).
- Neinor closed the semester managing an active portfolio of 10,762 units, up 57% year-over-year.
- As of June 30, Neinor’s total managed land bank reached 22,400 units.
- Source: Press Release
More on Neinor Homes, S.A.
- Dividend scorecard for Neinor Homes, S.A.
- Financial information for Neinor Homes, S.A.
推荐文章
风险及免责提示：以上内容仅代表作者的个人立场和观点，不代表华盛的任何立场，华盛亦无法证实上述内容的真实性、准确性和原创性。投资者在做出任何投资决定前，应结合自身情况，考虑投资产品的风险。必要时，请咨询专业投资顾问的意见。华盛不提供任何投资建议，对此亦不做任何承诺和保证。
