AEDAS Homes SA (ES:AEDAS) has released an update.
AEDAS Homes SA’s strong sales performance and robust financial results are highlighted by a notable increase in sales to EUR1.14 billion and a stable EBITDA of EUR173 million for FY24. The company maintains a healthy net debt/EBITDA ratio and has paid a significant dividend due to favorable sales momentum. AEDAS Homes continues to attract demand in Spain’s high-demand areas, with a solid orderbook and a diversified revenue stream, which includes a growing income from its services division and strategic build-to-rent developments.
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