Nexity's revenues from commercial division up by 61%

French construction and property group Nexity posted stable revenues of EUR 1.96 bn in the first nine months of the year, mostly driven by a 61% growth in its commercial property division, which reached EUR 370 mln so far this year. The increase in its commercial property activities compensated for a decline in revenues across its residential and distribution businesses, the company said on Friday. It added that the rise in its commercial business was also a result of a large backlog of orders from the past year.

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