Earnings release
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Press Release Alençon , September 20th , 2021 нехаом ENSEMBLE POUR BÂTIR L'AVENIR EXCELLENT HALF - YEAR PERFORMANCE AND SALES MOMENTUM SHARP RISE IN PROFITABILITY CONFIRMING 2021 GROWTH GOALS : ANNUAL REVENUE OF AROUND € 1 BILLION HEXAOM's Board of Directors approved the accounts for the first half of 2021 during its meeting on September 20th , 2021 .. The Statutory Auditors have carried out a limited review of these consolidated financial statements Consolidated in € Millions Revenue Operating income Operating margin Financial income Net income Net margin 06/30/2021 499.6 06/30/2020 % Change 398.7 16.2 6.1 + 25.3 % + 165.6 % 3.2 % 1.5 % +1.7 pts -0.3 -0.2 11.6 3.9 + 197.4 % 2.3 % 1.0 % +1.3 pts Revenue growth is accelerating As previously announced , the half year group revenue grew strongly , up + 25.3 % compared to the first half of 2020 to € 499.6 million . On a like - for - like basis , revenue grew by + 22.7 % . All of the group's business lines contributed to this growth : The Home Building business benefited both from a positive base effect in comparison with last year and a catch - up effect after openings of construction sites were delayed in 2020. This business grew by + 14.9 % during this period , to € 386.0 million . The Renovation business ( B2B and B2C ) added € 81.1 million ( + 59.0 % ) to group revenue during the first six months of the year . Revenue from the Real Estate Development and Land Development businesses rose respectively to € 26.7 million ( + 233.8 % ) and € 5.9 million ( + 64.9 % ) . The ramp - up of the new businesses reflects our changing business portfolio : Real Estate Development and Land Development accounted for 6.5 % of total revenue in the first six months of the year ( compared to 2.9 % in the first six months of 2020 ) , Renovation contributed 16.2 % ( 12.8 % in the first six months of 2020 ) , and Home Building made up the remaining 77.3 % ( 84.3 % in the first six months of 2020 ) . Operating margins more than doubled Driven both by strong production growth , allowing improvement of the amortization of fixed costs , and by the expected gradual profitability improvements of our growth drivers , group profitability rose sharply in the first half . Operating income grew + 165.6 % to € 16.2 million . Operating margins more than doubled rising to 3.2 % for the first half of the year , compared to 1.5 % last year . 1