(News Bulletin 247) – Revenue published at the end of March 2023 amounted to 819 million euros under IFRS, compared to 815 million euros at March 31, 2022 at constant scope, stable compared to the 1st quarter of 2022 .
Commercial activity reached 2,811 reservations at the end of March 2023 (-19% compared to the end of March 2022) for an amount of 575 million euros (-25%). ‘As expected, retail sales are in line with Q4 2022 (-33% compared to Q1 2022)’.
Commercial real estate revenue amounted to 125 million euros at the end of March 2023, up 72% compared to the first quarter of 2022 which amounted to 72 million euros.
Revenue from Services activities was stable compared to the end of March 2022 at 194 million euros.
At this stage, the Group confirms the outlook communicated last February. The group is targeting 2023 revenue of more than 4.5 billion euros, stable compared to 2022 excluding international activities, operating income of more than 300 million euros, reflecting both a phase of adjustment of the new housing market and refocusing of the portfolio on France.
Copyright (c) 2023 News Bulletin 247. All rights reserved.
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
