HEXAOM announces turnover of €221.8 million for the first quarter of 2024

HEXAOM, a group specializing in construction and renovation, published its turnover for the first quarter of 2024, amounting to 221.8 million euros, down 13.2% compared to the previous year . This result is in line with the company's annual forecasts despite a real estate market in crisis.

The main activity, house construction, generated 192.6 million euros, marking a significant decrease due to a slowdown in commercial activities. At the same time, the renovation activity decreased slightly with a turnover of 12.8 million euros. However, real estate development and intermediated activities recorded respective increases of 11.4% and 42.9%.

In terms of outlook, despite a difficult market context, HEXAOM envisages satisfactory operational profitability for 2024, anticipating a decline in its production of 25 to 30% compared to 2023. The group remains confident in its ability to adjust its costs and seize future opportunities to bounce back effectively.