Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
ARA.MX - Consorcio Ara SAB de CV
Q4 2024 Consorcio Ara SAB de CV Earnings Call
Feb 19, 2025 / 04:00PM GMT
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Presentation
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2023.
We close the year on a very strong note. Total revenues in the four quarter of 2024 amounted to 1.78 billion pesos, a solid 1818.1% growth, continuing the momentum of the preceding two quarters.
Housing revenues reached 1.70 billion pesos, 20.5% higher than in the fourth quarter of 2023. This came from the sale of 1,416 homes, a 13.5% increase, at an average price of 1,197,600 pesos.
6.2% above the average in the same period of the previous year.
The strong performance of housing revenues was driven primarily by the affordable entry level and middle-income housing segment.
Both of which saw double digit growth.
In the fourth quarter of 2024, revenues from sales of
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