Kaufman et Broad (FR:KOF) has released an update.
Kaufman & Broad SA reported robust first semester results for 2024, showcasing an 11.5% increase in residential bookings by value and a very solid financial position with a net cash of €224.9 million. The company confirmed its 2024 fiscal year guidance, expecting revenues around €1.1 billion and maintaining a strong net cash position. These results reflect a strong demand for quality, affordable housing and the success of strategic partnerships and investment vehicles.
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