Trade Neinor Homes, S.A. - HOME CFD

Trade Neinor Homes, S.A. - HOME

About Neinor Homes SA

Neinor Homes SA, formerly Neinor Homes SLU, is a Spain-based company engaged in the real estate sector. The Company focuses on the design, construction and promotion of residential properties. It develops housing projects in various Spanish cities, such as Malaga, Madrid, Barcelona, Cordoba, Vizcaya, Alicante, Almeria and Gerona.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Neinor Homes SA revenues increased 60% to EUR914.3M. Net income increased 47% to EUR103M. Revenues reflect Development segment increase of 62% to EUR882.8M, Rental segment increase from EUR534K to EUR4.7M. Net income was partially offset by Operating expenses - Balancing value increase of 75% to EUR44.1M (expense), Other Provisions increase from EUR1.6M (income) to EUR14.6M (expense).