Kaufman & Broad SA: 1ST QUARTER 2024 RESULTS
Net cash (c ) : €190.2M vs. € 121.6M
- Net cash (c ) : €190.2M vs. € 121.6M
Financial capacity : €615.3M vs. €542.7M
Main development indicators (end Feb. 2024 vs. end Feb. 2023)
Total backlog : 2,586.1 vs. €2,890.4M
Kaufman & Broad SA today announces its results for the 1st quarter of fiscal 2024 (from December 1st to 29th February 2024). - In the 1st quarter of 2024, housing orders amounted to €252.7M (including VAT), up 7.9% from €234.1M in 2023.
- The take up period [1] was 4.1 months 2024, 1st quarter, down of 2.9 months from 6.9 months in 2023.
- As of the 1st quarter of 2024, Kaufman & Broad had 126 housing programmes in the process of being marketed, representing 1,517 housing units (143 programmes and 2,360 housing units as of the end of February 2023).