on HEXAOM (EPA:HEXA)
Hexaom's 2024 Revenue Matches Projections Amidst Housing Market Turmoil
In 2024, Hexaom achieved a revenue of €727.2 million, marking a 29% decrease compared to 2023, yet aligning with the company’s expectations. The home building segment saw a 31.5% reduction, reflective of ongoing challenges in the real estate sector. The renovation and extension branch also experienced a decline, but intermediated business saw an increase of 60.7%, highlighting growth in franchise network commissions.
The company maintains a profitability target of 3% of annual revenue for 2024 and forecasts a more favorable market environment in 2025. Hexaom continues to diversify its offerings, particularly in renovation, while maintaining cost control and vigilance.
R. P.
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