Nexity Sa · EURONEXT:NXI
Nexity Sa — H1 2026 Earnings Presentation
27 slides from Nexity Sa's earnings presentation, Jul 23, 2026
Slide 1: Results for H1 2026
Be l vé d è re – B o r de a u x ( G ir o nd e) H1 2026 Webcast – 23 July 2026 Results for
Slide 2: Disclaimer
Disclaimer 2 The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions containe
Slide 3: Contents
Contents 3 RESULTS FOR H1 2026 1 2 3 4 Introduction Business Financial Outlook activity in results for H1 2026 H1 2026
Slide 4: Introduction
01. Introduction Le S au le Blan c–C hante pie (Ill e -et-Vila i n e) 4 RESULTS FOR H1 2026
Slide 5: H1 2026: Key takeaways
01. Introduction H1 2026: Key takeaways 5 1 First half of 2026 in line with the Group’s trajectory COP: €12m (x2 vs H1 2025), reflecting measures taken: Ongoing focus on restoring margins for Planning and Development Recurring contribution from Serviced Properties business Impact of the cost-savings
Slide 6: Resilience of Nexity's business model in H1 market environment
01. Introduction Resilience of Nexity’s business model in H1 market environment 6 • 70% of incumbent mayors re- Local elections in Stabilising factor elected France • Delays in the establishment of inter- Re-establishing dialogue with newly elected authorities (held in March 2026) municipal executiv
Slide 7: Urban regeneration: Progress confirmed in repurposing of commercial sites
01. Introduction Urban regeneration: Progress confirmed in repurposing of commercial sites, with 2 large-scale projects 7 Q1 2026 Q2 2026 Lomme Villeneuve-Loubet 1st building permit obtained under Redeveloping a commercial complex and the Carrefour partnership: (1) Repurposing developing a mixed-use
Slide 8: Clear, differentiated positioning
01. Introduction Clear, differentiated positioning 8 High-quality supply for sale Tailored to customers’ Right location purchasing power Secure 93% “Loan = Rent” Strict compliance with RESULTS FOR H1 2026 of supply for sale offer through the combination of PTZ interest- commitment margins in supply-
Slide 9: Distribution activities: Proposed strategic partnership
01. Introduction Distribution activities: Proposed strategic partnership 9 Proposed (1) strategic partnership with BPCE in the distribution of new and renovated homes 1 Launch of a joint venture dedicated to selecting, acquiring and structuring a range of new and renovated homes sourced from develop
Slide 10: CSR strategy and innovative partnerships
01. Introduction CSR strategy and innovative partnerships to address business priorities 10 Rollout of the “Essentiel” concept: Buildings that don’t require heating or air conditioning Adapting to climate change 1st Essentiel building in Paris region • Resilience with respect to physical risks order
Slide 11: Business activity in H1 2026
02. H1 2026 Business activity in A th lete s’ Vi ll a ge – Sai nt-Ou en (Se ine-Sai nt-Denis ) 11 RESULTS FOR H1 2026
Slide 12: Business activity – Main indicators
02. Business activity in H1 2026 Business activity – Main indicators 12 Supply for sale: (4,947 units); down 9% vs Dec. 2025 and down 6% vs June 2025 Residential Absorption rate stable at ~5 months Real Estate Reservations: 3,858 units • Retail sales: down 9% by volume • Bulk sales: down 10% by volu
Slide 13: Supply for sale
02. Business activity in H1 2026 Supply for sale 13 Breakdown of supply for sale by project stage Absorption rate (# of months) 5 5 5 Absorption rate stable at 5 months Inventory of completed homes • Securing supply rotation Supply for Marginal sale • Resulting in virtually no unsold RESULTS FOR H1
Slide 14: New home reservations
02. Business activity in H1 2026 New home reservations 14 (by volume) 3,858 units Retail sales: down 9% vs H1 2025 (vs down 15% for the market (1)): 1 293 Bulk sales: • Good momentum with investors: up 16% in H1 to 1,127 reservations RESULTS FOR H1 2026 Social housing operators 1,628 units (gradual
Slide 15: Extensive, appealing range of supply for homebuyers and individual investors
02. Business activity in H1 2026 Extensive, appealing range of supply for homebuyers and individual investors 15 Attractive, Supply aligned with selective developments customers’ purchasing power 47 sales launches 100% >60% of units of supply eligible (1) eligible for the “Loan = 100% over the half-
Slide 16: Client mix – H1 2026
02. Business activity in H1 2026 Client mix – H1 2026 16 18% Retail 9% Mix in H1 2026 reflecting the Bulk increase in individual investors sales: 58% 29% to 29% (up 6 pts vs H1 2025) and sales: 42% RESULTS FOR H1 2026 stable vs H1 2025 a ~30% contribution from 3,858 39% 34% stable vs H1 2025 homebuy
Slide 17: Solid, earnings-enhancing business for Serviced Properties
02. Business activity in H1 2026 Solid, earnings-enhancing business for Serviced Properties 17 Development project Operations Student undertaken by managed by residences 1 2 Market leader 75% of the portfolio developed by Lease between Studéa and lessor(s): 12 years in private student housing Montpe
Slide 18: Financial results for H1 2026
03. H1 2026 Financial results for At h le te s ’ Vi llag e– Sa in t-Ou e n (Se ine-S aint-D enis) 18 RESULTS FOR H1 2026
Slide 19: Financial results at June
03. Financial results for H1 2026 Financial results at 30 June 19 €1,057m (1) Revenue -18% on a like-for-like basis, reflecting slowdown in business activity from projects underway RESULTS FOR H1 2026 Current operating profit/(loss) €12m (1) vs €6m in H1 2025 Turning point in line with €394m traject
Slide 20: Revenue – H1 2026
03. Financial results for H1 2026 Revenue – H1 2026 Residential Real Estate (79% of revenue (1)): Down 22% vs 20 H1 2025 Revenue for New Nexity (1) (in €m) Revenue reflecting a decline in business activity from projects underway and the market due to the percentage- -18% of-completion method 1,294 1
Slide 21: Current operating profit/(loss)
03. Financial results for H1 2026 Current operating profit/(loss) 21 (In millions of euros) H1 2025 H1 2026 Planning and Development 5 7 New Nexity COP positive, 14 15 RESULTS FOR H1 2026 Services at €12m: x2 vs H1 2025 Holding and Other Activities (12) (9) • Growth in all business lines Current ope
Slide 22: Net financial debt stable YoY
03. Financial results for H1 2026 Net financial debt stable YoY 22 (In millions of euros) Net financial debt (NFD) at end-June Stable vs June 2025 -50 2026 stable vs end-June 2025: • Increase vs December 2025 in line with RESULTS FOR H1 2026 500 seasonal nature of the business -20 400 -52 +6 • Free
Slide 23: Financial structure in H1 2026
03. Financial results for H1 2026 Financial structure in H1 2026 23 Net debt structure Maturity of long-term debt (7) June 240 (6) (In millions of euros) Dec. 2025 2026 Change Long-term debt 156 (5) Bond issues and (fixed rate) 512 520 8 purchase commitments Bank borrowings and Short-term debt 84 (4
Slide 24: Outlook
04. Outlook Le s Be r ges d ’H o u lippe – Sain t-Jean - de-la-R ue ll e ( L o i r et) RESULTS FOR H1 2026 24
Slide 25: Profitable pipeline, recalibrated to fit new market conditions
04. Outlook Profitable pipeline, recalibrated to fit new market conditions 25 Leading indicators – Planning and Development (scope: France) Backlog (1) Business potential (2) Pipeline (3) 3,7bn ~€8.8bn ~€13bn RESULTS FOR H1 2026 (~1.6 years’ revenue) + ~3.5 years’ revenue ~5 years’ revenue In home e
Slide 26: Clear focus on operating profitability and financial discipline
04. Outlook Clear focus on operating profitability and financial discipline 26 Leverage ratio ahead of the anticipated trajectory under bank covenants Guidance for 2026 Trajectory 2026 2027 confirmed under bank covenants (1) <7x ≤3.5x Guidance RESULTS FOR H1 2026 Leverage ratio (2) at year-end 2025:
Slide 27: Nexity contact details
Nexity 67 rue Arago 93400 Saint-Ouen-sur-Seine (France) Phone: +33 (0)1 85 55 19 12