RESULTS
FOR THE FIRST NINE MONTHS
OF FISCAL YEAR 2020
AND OUTLOOK
October 2, 2020
CONTROLLED GROWTH MOMENTUM MAINTAINED
- Housing orders (in value, €m, incl. VAT)
+30.4%
826.1
1,146.4 1,077.4
-6.0%
> Take-up period for housing |
(in months, over the 9-month period) |
7.6 |
-4.6 months |
5.7 |
3.0 |
-2.7 |
months |
9M | 9M | 9M | |
2015 | 2019 | 2020 | |
> Housing property portfolio | |||
(number of units) | 35,594 | ||
+70,5% | 33,445 | ||
+6.4% | |||
20,877 | |||
End | End | End | |
Aug. | Aug. | Aug. | |
2015 | 2019 | 2020 | |
9M 2020 results - October 2, 2020 |
9M | 9M | 9M | ||
2015 | 2019 | 2020 |
> Overall backlog | |||
(€m, excl. VAT) | 3,697.0 | ||
2.8x | +67.0% | 1,307,5 BP* | |
2,213.5 | |||
211.0 | 2,389,5 | ||
1,291 | |||
2,002.5 | |||
Housing | |||
+19.3% | |||
End | End | End | |
Aug. | Aug. | Aug. | |
2015 | * Business Property and other | 2019 | 2020 |
2
NEW HOUSING
DATA ON THE SITUATION IN FRANCE'S NEW HOUSING MARKET
General economic conditions | New housing market | |
(Source INSEE) | (Source FPI) | |
GDP
Q2 20 | Q2 20 | |
vs | vs | |
Q1 20 | Q2 19 | |
-13.8%
-19.0%27.5%
14.7% | |
Q2 19 | Q2 20 |
Construction | Household | ||||
GDP | consumption | ||||
Q2 20 | Q2 20 | Q2 20 | Q2 20 | ||
vs | vs | vs | vs | ||
Q1 20 | Q2 19 | Q1 20 | Q2 19 | ||
-11.0%
-15.6%
-21.6%
-31.5%
104 | 103 | |
92 | 94 | |
Jan 20 | Mar 20 May 20 Aug 20 |
Building permits (multi- occupancy, end-July)
3 12
months months
2020 vs | -16.9% | |||
2019 | ||||
-34.5% | ||||
Housing starts | Units put up for sale | |||
(multi-occupancy,end-July) | H1 20 vs H1 19 | |||
3 | 12 | |
months | -46.7% | |
months | ||
-8.8% | ||
-12.2% | ||
Property
Household savings | Consumer confidence score |
rate |
- Average interest rate on new loans: stable
x2 | 10.7% | ||||||
Refusal rate on real estate loans | 5.5% | ||||||
Dec 19 Aug 20 |
supply -13.7% H1 20 vs H1 19
Average price
Q2 20 vs Q2 19
Orders
(individual + -31.9%+3.2% blocks)
H1 20 vs H1 19
9M 2020 results - October 2, 2020 | 4 |
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Kaufman et Broad SA published this content on 02 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2020 08:44:05 UTC