Lokum Deweloper SaGPW: LKD

LKD: Sales and profit plunged in 2024, but liquidity and project pipeline remain strong

· Issued by Lokum Deweloper SA

2024 saw a sharp drop in sales and profit due to high rates and the end of housing support, but the company maintains a strong balance sheet, negative net debt, and a large project pipeline. Key risks include high rates, inflation, and regulatory uncertainty.

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