Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
486.69M | 590.63M | 765.29M | 914.30M | 572.80M | Gross Profit |
153.23M | 170.48M | 208.99M | 242.99M | 159.07M | EBIT |
66.50M | 111.28M | 116.48M | 141.83M | 96.64M | EBITDA |
104.12M | 107.70M | 120.68M | 131.41M | 101.92M | Net Income Common Stockholders |
62.01M | 90.63M | 96.27M | 103.03M | 70.12M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
375.17M | 197.78M | 227.82M | 283.33M | 272.41M | Total Assets |
1.73B | 1.65B | 1.78B | 1.97B | 1.56B | Total Debt |
194.29M | 387.89M | 197.37M | 557.07M | 336.75M | Net Debt |
-174.14M | 199.53M | -30.17M | 287.39M | 66.54M | Total Liabilities |
863.59M | 667.61M | 850.97M | 1.02B | 698.06M | Stockholders Equity |
858.74M | 975.37M | 927.17M | 943.38M | 860.61M |
Cash Flow | Free Cash Flow | |||
103.52M | 9.88M | 148.30M | 224.46M | 133.86M | Operating Cash Flow |
105.04M | 10.51M | 151.56M | 225.20M | 134.67M | Investing Cash Flow |
-24.00M | 81.00M | -21.82M | -43.78M | -22.69M | Financing Cash Flow |
92.31M | -130.69M | -211.85M | -141.99M | -15.18M |
Neinor Homes reported a substantial increase in home sales for the first quarter of 2025, with 670 homes sold amounting to approximately 246 million euros, marking an 86% increase in units and a 97% increase in revenue compared to the previous year. Additionally, the company announced a capital reduction to return contributions to shareholders, with a gross amount of 0.41 euros per share, subject to a 1% tax rate on the returned contributions.
Neinor Homes has disclosed the operations carried out under its liquidity contract for the first quarter of 2025. The company executed significant purchase and sale transactions, reflecting active management of its liquidity position. This activity is indicative of Neinor’s strategic approach to maintaining financial stability and optimizing its market operations.
Neinor Homes held its ordinary general meeting of shareholders on March 31, 2025, achieving a quorum of 81.73% of the share capital. The meeting resulted in the approval of several key resolutions, including the annual accounts, management reports, and a significant share capital reduction aimed at returning contributions to shareholders, reflecting strong stakeholder engagement and strategic financial management.
Neinor Homes has reached an agreement with its workers’ legal representatives regarding an employment regulation file initiated earlier this year. The agreement includes the termination of up to 58 employment contracts by March 31, 2025, as part of a labor restructuring effort to enhance the company’s competitiveness and operational efficiency.
Neinor Homes has reached an agreement with worker representatives regarding an employment regulation file, which includes the termination of up to 58 employment contracts by March 31, 2025. This labor restructuring is aimed at aligning Neinor’s organizational structure with its operational needs to maintain competitiveness and efficiency.
Neinor Homes, S.A. has announced its Ordinary General Shareholders’ Meeting scheduled for March 30, 2025, with a detailed agenda including the examination and approval of annual accounts, management reports, and a proposal for capital reduction aimed at returning contributions to shareholders. The meeting will also address the re-election of directors and auditors, and authorizations for the board of directors, reflecting the company’s strategic focus on governance and shareholder value.
Neinor Homes has updated its Remuneration Policy for directors, aligning it with recent legal requirements and market standards to ensure long-term sustainability and profitability. The policy, effective until 2025, includes a new Management Incentive Plan and emphasizes solid corporate governance and the independence of non-executive directors.
Neinor Homes’ board of directors has approved the formulation of the company’s individual and consolidated annual accounts for the fiscal year ending December 31, 2024, along with various annual reports. The company plans to distribute approximately 125 million euros to shareholders over the next year and will call an ordinary general meeting for the 2024 fiscal year shortly. These actions reflect Neinor’s ongoing commitment to transparency and shareholder value, potentially strengthening its market position and stakeholder confidence.
Neinor Homes has announced that it will publish its 2024 financial results on February 26, 2025, before the market opens. The company has also scheduled a webcast and video conference call with its management team on the same day to discuss the results, indicating an engagement strategy with stakeholders and investors.
Neinor Homes has announced a joint venture with Santander Alternative Investments to develop a real estate project in Madrid targeting the flex-living sector. The project involves a total investment of 60 million euros for the construction of 160 homes, with Neinor acting as the delivery partner manager. This partnership positions Neinor to further explore opportunities in the Spanish flex-living market, potentially impacting its operations and market positioning positively.