H1 20 showed the first stigmata of the crisis. The public-owned CDCH (one half of Q2 20 reservations) will help Nexity to pass through the trough and stay profitable in FY 20 and FY 21 (ex-goodwills). However, we fear that profits will not reach the nominal year 2019 any time soon.
29 Jul 2020
No full reovery in H2 20
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No full reovery in H2 20
Nexity SA Class A (NXI:PAR) | 0 0 0.9% | Mkt Cap: 2,690m
- Published:
29 Jul 2020 -
Author:
Christian Auzanneau -
Pages:
3
H1 20 showed the first stigmata of the crisis. The public-owned CDCH (one half of Q2 20 reservations) will help Nexity to pass through the trough and stay profitable in FY 20 and FY 21 (ex-goodwills). However, we fear that profits will not reach the nominal year 2019 any time soon.