Metrovacesa registered net losses of 15.5 million euros in the first half of this year, in contrast to the profits of 3.8 million of the same period of 2024, as reported on Wednesday the real estate promoter. The business figure of the company reached 132.8 million euros between January and June, 43.5% less than in the same period last year, while it reduced 82.7% of exploitation (Ebitda), up to 5.4 million euros. The signature delivered 423 homes in the first six months of this year and reached a gross margin of 22%, with a forecast to close the year reaching the planned objective. The force figure of the period amounted to 310 million euros, corresponding to 834 units, with an average sale price of 371,000 euros per unit, 14% more than in the same period of the previous year.An the closing of June, the portfolio of committed sales ('backlog') He explained that “these figures reaffirm the good evolution of the business and the company's confidence in achieving its objectives for the whole year.” As part of the planned annual plan, Metrovacesa concentrates a significant volume of deliveries in the second semester, already this June had 742 homes sold and finished, “which guarantees a strong contribution to income and generation of box in the second half of the year,” he said in the second half of the year, ” statement.
Reiterates its forecast to exceed 150 million cash flow
The company has reiterated its forecast to exceed 150 million euros of operating cash flow in 2025, thanks to the expected impulse in the second half of the year both in housing deliveries and in land sales.
