REALITES posts growth and positive net income despite a difficult real estate market in 2023

The REALITES group announced robust growth and a positive balance sheet for the year 2023, contrasting with the unfavorable situation in the real estate market. Consolidated turnover increased by 15% to reach 402 million euros, thus crossing the 400 million euro milestone. Despite a difficult market context, the group managed to maintain an EBITDA of 33 million euros and a net profit of 2.1 million euros.

The group has implemented strategic measures such as restructuring, refocusing on project management and the empowerment of its subsidiaries, allowing rapid adaptation to new market conditions. This strategy made it possible to secure its financial structure and strengthen its equity, crucial for supporting its development.

Beyond its financial performance, REALITES maintained its commercial capacity with bookings close to prior year levels and a strong project pipeline, ensuring a prospect for future growth. The company plans to continue its adaptive strategy in 2024, anticipating an improvement in the market.