Another positive set of figures for Nexity, following a solid Q1. Revenues at €1.36bn stand stable yoy as Commercial Real Estate decreased by 36% to €128m as expected due to the higher comps in the previous year. The group’s backlog at €3.6bn (or 17 months of revenue) is up 7.9%, reservations are up 38.1% yoy in volume to 8,382 net new homes and up 31.6% in value to €1.4bn. Management maintains a degree of cautiousness, as the particularly strong figures in both Q1 a
