Metrovacesa returns to profits thanks to record revenues of almost 658 million euros

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Metrovacesa obtained in 2024 a net profit of 15.9 million euros, compared to the losses of almost 21 million that it had the previous year. This was communicated by the real estate developer on Wednesday 19 February to the National Securities Market Commission (CNMV). During the year, the company achieved a record in revenues that amounted to 657.8 million euros, indicating an increase of 12.2% compared to 2023. The cause is attributed to the re…

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By 2025, Metrovacesa has a positive outlook: the forecast is that the operating cash flow will be above 150 million.

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Metrovacesa went into profit in 2024 by earning 16 million euros and achieved a record revenue figure of 659 million, 12.2% more, and housing deliveries with almost 2,000 units.The real estate developer, who in 2023 lost almost 21 million, recorded in 2024 a gross operating result (ebitda) of 73.4 million, the 1.1 % lower, according to accounts forwarded to the National Securities Market Commission (CNMV).Most of the revenues, 588 million, came …

Consenso del Mercado

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Consensus of the Norbolsa Market Metrovacesa (MVC) had an annual net profit of 15,9M€, (-21M€ in FY23), with revenues growing by 12.2% to 657,8M€, with 1,996 homes delivered (below 2,000 target). The EBITDA stood at 73.4M€, yielding compared to the margin of 12.7% of the previous year up to 11.2%. In view of the FY25 the company expects very positive prospects, with the intention that the Cash Flow will be placed above 150M€, counting today wit…

economiadigital.es

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Metrovacesa has closed 2024 with historical figures. The promoter has achieved a record income of 657.8 million euros, 12.2% more than in the previous year. Its net profit amounted to 15.9 million euros, while the EBITDA reached 73.4 million, with a margin of 11.2%. Read more: Eduardo Carreño (Metrovacesa): «We will deliver 2,000 homes annually in the coming years» One of the great achievements of Metrovacesa in 2024 has been the delivery of 1,9…