Aedas Homes, S.A. Reports Earnings Results for the Half Year Ended September 30, 2021
November 24, 2021 at 07:07 am EST
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Aedas Homes, S.A. reported earnings results for the half year ended September 30, 2021. For the half year, the company reported sales was EUR 236.36 million compared to EUR 66.21 million a year ago. Net income was EUR 24.5 million compared to net loss of EUR 8.26 million a year ago. Basic earnings per share from continuing operations was EUR 0.52 compared to basic loss per share from continuing operations of EUR 0.17 a year ago. Diluted earnings per share from continuing operations was EUR 0.55 compared to diluted loss per share from continuing operations of EUR 0.18 a year ago.
Aedas Homes SA is a Spain-based company engaged in the real estate sector. The Company focuses on the land acquisition, as well as construction, promotion and sale of residential properties. The Company develops projects in a range of Spanish cities, such as Valencia, Alicante, Barcelona, Madrid, Malaga and Seville. It offers multifamily buildings in type of towers and block of flats.