Full Year 2019 Nexity SA Earnings Call Transcript
Good afternoon, and welcome to the Nexity 2019 Full Year Results Conference Call. For your information, this conference is being recorded. At this time, I would like to turn the call over to Julien Carmona. Please go ahead, sir.
Good afternoon, everyone, and thanks for joining this conference call. Today in the room, you have Eric Lalechère, Chief Financial Officer; Domitille Vielle and Géraldine Bop, Investor Relations, as well as myself.
In 2019, Nexity achieved or exceeded all its targets. We've made a number of commitments to the market, and we're delivering on them. Let me start on Page 3 with our 2019 business activity highlights.
Starting with Residential Real Estate. 2019 was a new record year for Nexity, with over 21,800 units booked and an 11%, sorry, growth compared with 2018, despite a challenging market, hampered by a lack of supply and challenges on the permitting side. The target that we said 2 years ago, which was to
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