Kaufman & Broad has announced sales of €1,314 million for 2022, up 2.5% on 2021 (€1,281 million).

At the same time, EBIT remained stable at €98 million, while net income rose from €43 million to €49 million, an increase of 11.7%. As a result, earnings per share rose from €2.02 to €2.27.

The company is therefore proposing a dividend of E2.40 per share for the 2022 financial year.

''The results for fiscal 2022 are in line with our guidance. They confirm Kaufman & Broad's ability to maintain a solid economic performance in a constrained environment", commented Nordine Hachemi, Chairman and CEO of Kaufman & Broad.

For the full year 2023, sales are expected to come in at around 1.5 billion euros, while operating income before non-recurring items should be around 8%, and the Group should be in a positive net cash position.

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