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AEDAS Homes SA ( (ES:AEDAS) ) has provided an update.
AEDAS Homes reported a strong performance for the nine months ending December 31, 2024, with a 20% increase in revenue from unit delivery compared to the previous year. The company delivered 2,068 units, demonstrating its operational capacity and achieved net sales of 980 million euros, reflecting a 44% increase. The acquisition of Grupo Priesa and increased sales activity have positioned AEDAS with a managed sales portfolio valued at 1,854 million euros, indicating significant growth in both ‘Residential Promotion’ and ‘Real Estate Services’ business lines.
More about AEDAS Homes SA
AEDAS Homes S.A. operates in the real estate industry, specializing in housing development with a focus on residential promotion and real estate services in co-investment formats within Spain.
YTD Price Performance: 17.73%
Average Trading Volume: 315
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.22B
Learn more about AEDAS stock on TipRanks’ Stock Analysis page.