Business
Aedas Homes S A : Trading statement Q1 2025/26
Aedas Homes S A : Trading statement Q1

About this update from Aedas Homes Sa
[{"type":"text","content":"\n \n In compliance with the reporting requirements under article 227 of Law 6/2023, of\n \n \n 17 March, on Securities Markets and Investments Services, AEDAS Homes, S.A. (\"AEDAS\" or the \"Company\") hereby informs the National Securities Market Commission of the following:\n \n \n \n OTHER RELEVANT FACTS\n \n \n \n 23 July 2025 AEDAS Homes, S.A.\n \n \n Trading statement for Q1 2025/26 (April-June 2025)\n \n \n AEDAS Homes is issuing the following update on trading for the Company and group's activity for the first quarter of its 2025/26 fiscal year, ended 30 June 2025. The figures provided here are based on unaudited data that the Company's relevant corporate bodies have reviewed.\n \n \n \n Operating Performance in Q1 2025/26\n \n \n During the first quarter of its 2025/26 fiscal year, AEDAS Homes delivered 423 homes (vs 415 delivered in Q1 2024/25), generating €171 million in revenue from these deliveries (up 12% vs Q1 2024/25). All of these deliveries were to private customers, at an average selling price (ASP) of G404k, 9% higher than the ASP reported in Q1 2024/25.\n \n \n Likewise, during the quarter, the Company continued delivering the affordable rental units developed through the Plan Vive I scheme, handing over a total of 481 affordable homes, while also delivering 197 homes in co-investment vehicles, bringing the total volume of homes delivered to 1,101.\n In terms of sales activity, the Company is reporting total net sales of €342 million1\n \n \n (down 8% vs Q1 2024/25) between April and June 2025, as follows:\n \n \n Residential Development business line: €236 million, corresponding to the sale of 586 BTS units at an ASP of €402k; and\n Real Estate Services business line under the co-investment format: €106 million, coming from the sale of 178 units at an ASP of €597k.\n \n \n \n \n 1Includes 51 units sold in fiscal year 2024/25 for G20 million in a development which was considered \"off balance\" in that fiscal year\n As a result of this sales and delivery activity, at 30 June 2025, the Company's Order Book, standing at 3,881 units, was valued at €1.74 billion (vs G1.66 billion at 31 March 2025), with the following breakdown:\n \n \n Residential Development business line2: G1.19 billion (vs G1.13 billion at 31 March 2025), consisting of 2,968 BTS units at an ASP of G401k; and\n \n \n Real Estate Services bus...