(AOF) – Hexaom’s 2021 net income amounted to 22.7 million euros, an increase of 15.2% over one year. Under the combined effect of a Property Development activity that is now profitable and the ramp-up of the Land Development activity, current operating profit rose by 18.6% to 34.5 million euros. The current operating margin stands at 3.5% of sales once morest 3.3% last year. Turnover is close to one billion euros (997 million euros), up 13.1%, driven by all the group’s businesses.
The financial structure of the specialist in single-family homes is being strengthened with shareholders’ equity, group share, amounting to 227.8 million euros and active cash of 167.3 million. Cash net of debt stood at €57.3 million, up €27.8 million over the year.
The Board of Directors will propose to the Annual General Meeting on June 1 next the payment of a dividend of 1.41 euro per share. Payment will be made on June 16, 2022.
For the new financial year, Hexaom affirms that production should once once more show growth and that it will remain very vigilant regarding maintaining its margins in a context of tensions on materials and subcontracting (inflation and availability).
