Neinor Homes SA (XMAD:HOME)
€ 16.48 -0.32 (-1.9%) Market Cap: 1.61 Bil Enterprise Value: 2.62 Bil PE Ratio: 13.26 PB Ratio: 1.40 GF Score: 79/100

Half Year 2025 Neinor Homes SA Earnings Call Transcript

Jul 25, 2025 / 08:00AM GMT
Release Date Price: €16.88 (-3.21%)
Jose Cravo
Neinor Homes SA - Chief Investor Relations Officer

Hi. Good morning, everyone. My name is Jose Cravo, and I'm the Head of Investor Relations at Neinor Homes. Today, we are going to go over results for the first semester of the year '25. And as usual, we are here with Borja Garcia-Egocheaga, our CEO; Jordi Argemi, our Deputy CEO and CFO; and Mario Lapiedra, our CIO.

We'll start the presentation with the key highlights. Then on section 2, we'll provide a quick summary of the evolution of the Spanish residential market. On section 3, Jordi will review financial results. And on section 4, we'll provide a quick update on the voluntary tender offer over AEDAS Homes. And finally, Borja will end up with the key takeaways. After the presentation, there will be a Q&A session to answer any questions you may have.

Now I'll hand over the presentation to our CEO, Borja Garcia.

Borja Vergara
Neinor Homes SA - Chief Executive Officer, Executive Director

Thank you, Jose. During the first half of the year '25, we have seen probably the best

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