Kaufman & Broad SA 2024 annual results

Kaufman & Broad SA has published its results for the financial year 2024, with figures in line with initial forecasts. The company recorded a net cash position of €397.6 million, reinforcing a solid financial structure. A dividend of €2.20 per action is proposed. The turnover amounts to €1,076.8 million, mainly generated by the housing sector at €908.0 million.

In 2024, housing reservations reached €1,163.3 million, representing an increase of 7.8% in value compared to 2023. Despite a declining housing market, reservations increased thanks to strong demand from buyers. occupants. The flow time is 3.0 months, well below the market average.

The tertiary segment saw bookings reach €41.8 million. The company maintained its profitability with a gross margin of 19.3%, while net income stood at €45.0 million. For 2025, an increase 5% turnover is expected with an increasing operating margin.