The outstanding performance in 2021 demonstrates the tremendous resilience of Nexity’s model after 2020, a year marked by a public health, economic and social crisis. It is a testament to our effective positioning as an integrated real estate operator, and reflects the success of the strategic review carried out in 2020.
€4.6 bn
€371 m
8% at Group level
€325 m
including gains on disposals
€598 m
€6.5 bn backlog
€14.2 bn business potential
€20.7 bn ~5 years of revenue
We’ve emerged from 2021 in a solid, stronger financial position that gives us the means to embark on a new cycle of profitable, responsible growth driven by a refocused range of core solutions, in spite of a volatile environment.
Services
Our backlog is at an all-time high: we have the equivalent of two years’ revenue ahead of us with margins that are virtually locked in, and five years’ worth if we take land options into account. The key demand drivers are in place: the need for housing remains high and institutional investors have substantial amounts of liquidity to invest in this asset class.
(1) New scope, i.e. excluding disposed activities in 2021
(2) Ratio of net debt excluding lease liabilities (IFRS 16) to EBITDA after lease payments over the past 12 months