Hexaom Closes 2025 at €616.3 Million, Meeting Its Targets
On Tuesday, Hexaom Group announced a 2025 revenue of €616.3 million, aligned with its initial forecasts. After a year marked by the residual effects of the real estate crisis, the group showed a recovery in the fourth quarter and anticipates growth in 2026.
Annual Performance Overview
Hexaom recorded a revenue of €616.3 million for the fiscal year 2025, down 15.3 percent from €727.3 million in 2024. On a like-for-like basis, the decline reached 21.9 percent, reflecting the group's resilience in the face of the real estate crisis experienced in recent years. In the fourth quarter, the group returned to growth with a revenue of €173.3 million, up 5.5 percent compared to the same quarter in 2024. On a like-for-like basis, the revenue for the last quarter shows a limited decline of 2.8 percent. This positive turnaround occurred after a recovery in commercial activity recorded at the end of 2024. The group confirms having achieved an operational profitability exceeding 3 percent of the revenue for 2025 on a non-constant scope.
Sectoral Performance Breakdown
Home construction, which accounts for 75 percent of the total revenue, reported €460.7 million, down 23.1 percent. On a like-for-like basis, this decline reached 31.2 percent, due to a significant contraction in orders recorded between 2022 and the third quarter of 2024. This impact was partially mitigated by the integration of HDV group at the beginning of 2025. The renovation activity amounted to €39.4 million, down 13.2 percent, explained by the transfer of Camif Habitat's activity to the franchised network. The brokerage activity continued to grow with €16.8 million, up 24.4 percent. Real estate development recorded a 40.8 percent increase to €100.0 million, benefiting from faster revenue recognition. Land development reported a 36.3 percent increase to €15.4 million.
Order Intake and Future Outlook
Order intake in home construction amounted to 4,834 homes with a revenue of €752.6 million, up 63.4 percent in volume and 55.3 percent in value including the integration of HDV group. On a like-for-like basis, the group outperformed the market with a growth of 44.9 percent in volume and 37.6 percent in value, while the market grew by 33.5 percent. In intermediary renovation, order intake reached €178.0 million, up 22.2 percent. The group had 324 franchisees as of December 31, 2025. In real estate development, the backlog amounted to €119.7 million and the potential stock to €332.3 million representing 1,435 housing units. Net cumulative reservations stood at €101.9 million excluding taxes, up 65.5 percent. Supported by this strong backlog, Hexaom anticipates a growth in its revenue for 2026 along with a significant improvement in its results.
