Neinor records €122mn FY25 Net Income after executing largest M&A in Spanish Residential of the last decade

Core Insights - Neinor Homes achieved significant operational and financial results in FY25, with total revenues reaching €697 million and notarizing 2,901 housing units [1][2] Group 1: Operational Performance - The company notarized 2,901 housing units in FY25, with 1,891 from its fully owned portfolio and 1,010 from the Asset Management business [1] - The acquisition of a 79.2% stake in AEDAS was a key factor in Neinor's operational success, marking the largest residential transaction in Spain in over a decade [2] Group 2: Financial Strength - Neinor reported a net income of €122 million for FY25, demonstrating strong financial performance and scalability [2] - The company expanded its land bank to 38,000 units, enhancing its growth potential and earnings visibility [2] Group 3: Strategic Focus - The management emphasized a clear focus on capital allocation, balance sheet strength, and sustainable shareholder returns [2] - Neinor aims to leverage its scale and disciplined execution to lead in the evolving market shaped by AI and technological changes [2]