)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Neinor Homes
Neinor Homes (HOME) investor relations material
Neinor Homes H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary26 Feb, 2026
Executive summary
Achieved a transformational year by completing the largest M&A in the Spanish residential sector in a decade, securing control of AEDAS, and consolidating market leadership in a fragmented market.
Delivered approximately 3,000 homes, with 1,917 from the fully owned portfolio and 1,010 from asset management, and maintained disciplined execution and focus.
Net profit reached €122 million in FY25, exceeding targets, with adjusted net profit of €70 million (7% above guidance) and strong shareholder value creation (NAV per share up 25%).
Operational growth supported by a record order book of nearly 9,000 units and a land bank expanded to 38,000 units, providing strong profit visibility.
Operates in a resilient Spanish residential market with strong demand fundamentals, low leverage, and healthy affordability.
Financial highlights
FY25 revenues reached €697 million, at the high end of guidance, with €645 million from core build-to-sell and €29 million from ancillary services.
Gross margin stood at 27%, above the 24-25% target, and EBITDA was €110 million.
Adjusted net profit was €70 million (EPS €0.70), and consolidated net income including AEDAS was €122 million, driven by a non-cash gain from purchase price allocation.
Adjusted net debt rose to €1,124 million post-AEDAS, with LTV at 36% consolidated and 16% standalone, both below or within target ranges.
Cash and equivalents increased to €803 million, up 118% year-over-year.
Outlook and guidance
Delivery target for the combined platform is 5,000-6,000 units per year, primarily build-to-sell.
Expanded land bank to 38,000 units and pre-order book to 8,909 units (€3.2bn), strengthening future revenue visibility.
Business plan and updated guidance to be presented at the AGM following completion of the mandatory tender offer; no significant changes expected from previous guidance.
Management emphasizes efficient capital allocation, balance sheet strength, and sustainable shareholder returns.
Synergy realization from AEDAS acquisition
Strategic advantage of land bank quality
Future shareholder remuneration strategy
Detail AEDAS integration progress and synergies
What are the criteria for affordable housing projects?
What is the preferred structure for future land investments?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Next Neinor Homes earnings date
H1 202624 Jul, 2026
Neinor Homes
Next Neinor Homes earnings date
H1 202624 Jul, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Neinor Homes S.A. is a residential real estate development company focused on the design, construction, and sale of new homes. The company operates primarily in Spain, offering a range of residential properties tailored to different customer segments. Neinor Homes serves the real estate and construction sectors. The company is headquartered in Madrid, Spain, and its shares are listed on the BME.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage