Fitch affirms Kaufman & Broad BBB- rating, outlook stable

• Fitch affirmed Kaufman & Broad’s investment-grade rating at BBB- with a stable outlook through 2026.
• Fitch cited a solid business profile despite a weak French market, supported by a 19.5% gross margin in fiscal 2025.
• Fitch expects net cash to remain positive through 2026, supported by high pre-sales and tight land, construction cost control.
• Balance sheet flexibility improved following repayment of a EUR 100 million bond in fiscal 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kaufman et Broad SA published the original content used to generate this news brief via EQS News (Ref. ID: fr_reg_2367170_en) on July 16, 2026, and is solely responsible for the information contained therein.