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Nexity SA (NEXI.PA)

NEXI.PA on Paris Stock Exchange

41.90EUR
11:29am EST
Change (% chg)

€-0.20 (-0.48%)
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€42.10
Open
€42.10
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€42.46
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€41.78
Volume
90,780
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99,980
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€56.60
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€40.44

Latest Key Developments (Source: Significant Developments)

Nexity Expects French Residential Market To Be Down Slightly In 2019
Wednesday, 21 Nov 2018 01:45am EST 

Nov 21 (Reuters) - NEXITY SA ::CONFIRMS FINANCIAL TARGETS.EXPECTS AN INCREASE IN ITS BUSINESS ACTIVITY IN 2018.TOTAL RESERVATIONS IN THE RESIDENTIAL HOUSING SEGMENT ARE EXPECTED TO BE DOWN AROUND 8%, AS FORECAST SINCE THE BEGINNING OF THE YEAR.THIS SHOULD LEAD TO A TOTAL OF AROUND 360,000 HOUSING STARTS IN 2019, FAR BELOW THE 417,000 HOUSING STARTS RECORDED IN 2017.NEXITY EXPECTS THAT IN 2019 FRENCH RESIDENTIAL MARKET (INCLUDING BULK SALES) WILL BE DOWN SLIGHTLY, WITH AROUND 5,000 FEWER RESERVATIONS.VARIOUS POSITIONS TAKEN BY GOVERNMENT TO LEAD TO A DROP IN PRODUCTION FROM 2019, WHILE DEMAND REMAINS HIGH AND AFFORDABLE HOUSING IS STILL INADEQUATELY ADDRESSED.CONFIRMS ALL OF ITS OWN SHORT- AND MEDIUM-TERM COMMERCIAL AND FINANCIAL TARGETS.  Full Article

Nexity Enters Into New 2.3 Billion Euro Corporate Credit Facility
Wednesday, 5 Sep 2018 11:50am EDT 

Sept 5 (Reuters) - NEXITY SA ::REG-NEXITY ENTERS INTO NEW €2.3 BILLION CORPORATE CREDIT FACILITY.SYNDICATED CORPORATE CREDIT FACILITY, COMPRISED OF A EUR 500 MILLION CASH CREDIT LINE AND EUR 1.8 BILLION IN GUARANTEE COMMITMENTS.FACILITY COMPRISED OF A EUR 500 MILLION CASH CREDIT LINE AND EUR 1.8 BILLION IN GUARANTEE COMMITMENTS.FIVE-YEAR CREDIT FACILITY, EXPIRES IN JULY 2023.SYNDICATE OF SEVEN FINANCIAL INSTITUTIONS.NEW CREDIT FACILITY REPLACES EXISTING FACILITY ENTERED INTO BY GROUP, WHICH WAS DUE TO EXPIRE IN DECEMBER 2018.  Full Article

Nexity H1 Revenue Up At EUR 1.6 Billion
Wednesday, 25 Jul 2018 11:45am EDT 

July 25 (Reuters) - Nexity SA ::H1 REVENUE: EUR 1.6 BILLION (UP 10%.H1 EBITDA: EUR 186 MILLION (UP 7%); EBITDA MARGIN: 12.0%.H1 CURRENT OPERATING PROFIT: EUR 136 MILLION (UP 12%); OPERATING MARGIN: 8.7%.H1 NET PROFIT BEFORE NON-RECURRING ITEMS: EUR 72 MILLION (UP 35%).H1 DEVELOPMENT BACKLOG: EUR 4.3 BILLION (UP 7%).H1 NET FINANCIAL DEBT BEFORE APPLICATION OF IFRS 16(1): EUR 739 MILLION INDIVIDUAL CLIENTS.REVENUE AND EBITDA NOW EXPECTED TO GROW BY OVER 12% IN 2018[.CONFIRMATION OF ALL OTHER ASPECTS OF THE OUTLOOK COMMUNICATED ON 20 FEBRUARY 2018.NEXITY IS REVISING UPWARDS ITS FINANCIAL OUTLOOK FOR 2018 REGARDING REVENUE AND EBITDA GROWTH, BOTH NOW ANTICIPATED AT OVER 12% THIS YEAR.WE ARE TARGETING GROWTH OF 10% PER YEAR OUT TO 2021.  Full Article

Engie, In Partnership With Nexity, Plans To Create Future Campus Near Paris
Friday, 13 Jul 2018 12:00pm EDT 

July 13 (Reuters) - NEXITY SA ::REG-ENGIE, IN PARTNERSHIP WITH NEXITY, PLANS TO CREATE ITS FUTURE CAMPUS IN AN EXEMPLARY ECO-DISTRICT NEAR PARIS.  Full Article

Nexity Announces Strategic Partnership With Aegide-Domitys
Wednesday, 30 May 2018 01:17pm EDT 

May 30 (Reuters) - NEXITY SA ::REG-STRATEGIC PARTNERSHIP BETWEEN NEXITY AND AEGIDE-DOMITYS - NEXITY RAISES ITS STAKE IN THE SHARE CAPITAL OF AEGIDE.EXERCISED A PURCHASE OPTION ENABLING IT TO ACQUIRE WITHIN NEXT FEW DAYS AN ADDITIONAL 18% STAKE IN SHARE CAPITAL OF AEGIDE SA.STAKE WILL THEREFORE BE RAISED FROM 45.15% TO 63.15%, WITH JMF CONSEIL HOLDING 36.85%.AEGIDE-DOMITYS WILL THUS BE FULLY CONSOLIDATED IN NEXITY'S ACCOUNTS..DETAILS CONCERNING GOALS OF STRATEGIC PARTNERSHIP AND IMPACT OF TRANSACTION ON CO'S FINANCIAL STATEMENTS AND GUIDANCE TO BE PROVIDED ON 19 JUNE 2018.  Full Article

Nexity Q1 Revenue Up At 688 Million Euros
Wednesday, 25 Apr 2018 11:45am EDT 

April 25 (Reuters) - NEXITY SA ::Q1 TOTAL GROUP BACKLOG AT MARCH 31 EUR 4.04 BILLION VERSUS EUR 3.99 BILLION AT END-DEC.Q1 REVENUE EUR 688 MILLION VERSUS EUR 656 MILLION YEAR AGO.DIVIDEND PER SHARE INCREASED TO €2.50 PAYABLE IN 2018 AND AT LEAST €2.50 PAYABLE IN 2019.REVENUE AND EBITDA EXPECTED TO GROW BY ABOUT 10% IN 2018.  Full Article

Nexity says shareholder ‍New Port trims stake ​
Wednesday, 8 Nov 2017 01:26pm EST 

Nov 8 (Reuters) - Nexity SA :‍says has been informed that shareholder New Port has sold 183,820 Nexity shares​.‍share sale brings New Port's shareholding in Nexity to 6.36% of share capital compared to 6.69% before share disposal​.Nexity says ‍New Port has confirmed its objective to hold Nexity shares over a medium-to-long-term horizon​.  Full Article

Nexity 9-month revenue rises to 2.25‍​ billion euros
Wednesday, 25 Oct 2017 11:45am EDT 

Oct 25 (Reuters) - NEXITY SA ::9M REVENUE EUR 2.25‍​ BILLION VERSUS EUR 2.02 BILLION YEAR AGO.TOTAL GROUP BACKLOG AT SEPTEMBER 30 EUR ‍​4.46 BILLION VERSUS EUR 4.01 BILLION AT DEC. 31 2016.INCREASE IN CURRENT OPERATING INCOME EXPECTED AT LEAST EUR 300 MILLION IN 2017 AND EUR 325 MILLION IN 2018‍​.2017 REVENUE GROWTH OF AROUND 10%.‍​.  Full Article

UPDATE 1-French property group Nexity targets earnings growth, shares surge

* Plans for minimum dividend of 2.50 euros (Adds share price reaction)