Véronique Bédague-Hamilius
CEO & Chairwoman
Good evening, everyone. Thank you for joining us for this webcast to discuss our 2026 half year results. I am joined this evening by Pierre-Henry Pouchelon, whom you know very well. I will begin by taking you through the key highlights from today’s release, after which Pierre-Henry will provide a more detailed review of our commercial performance and financial results. And as always, you will, of course, have the opportunity to ask questions at the end of the presentation.
Let’s begin with the 3 key messages from the first half. Firstly, our first half performance is fully in line with the group’s trajectory. In a market that remains at the bottom of the cycle, as you well know, we continue to improve current operating profit, which doubled compared with the first half of ’25, while maintaining strict financial discipline. We are also reaffirming our 2026 guidance despite a more challenging market environment. I would like to emphasize one important point. Our trajectory does not depend on a market rebound. It is underpinned by the transformation measures we have implemented and by levers that are within our control and that we’ve been actively deploying since 2024. Pierre-Henry will return to this in greater detail.
Secondly, New Nexity continues to gain momentum quarter after quarter with several strong indicators during the first half that I will now discuss. First, our lead in the regeneration of commercial sites has been confirmed. Our offering is high quality and fully aligned with market demand. And finally, we recently announced that we had entered into exclusive negotiations with Groupe
