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Kaufman et Broad ( (FR:KOF) ) has shared an update.
Kaufman & Broad announced its 2024 annual results, highlighting a positive net cash position and an increase in housing reservations by 7.8% in value despite a declining market. The company maintained a strong financial structure, with plans to increase revenue in 2025 by 5% and a commitment to sustainability, including low carbon energy systems. They also managed to keep their housing take-up rate significantly lower than the market average, indicating strong demand and adaptability in their offerings.
More about Kaufman et Broad
Kaufman & Broad is a company operating in the real estate industry, focusing primarily on housing and commercial property development. They are known for their commitment to economic performance, aligning with sustainability goals, and adapting to market demands. A significant portion of their offerings is located in high-demand areas, with a strong emphasis on quality and buyer affordability.
YTD Price Performance: 2.81%
Average Trading Volume: 308
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €626.1M
For detailed information about KOF stock, go to TipRanks’ Stock Analysis page.
