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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Develia
Develia (DVL) investor relations material
Develia Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Sep, 2026
Executive summary
Revenue for H1 2026 reached 4,161.744M PLN, up from 1,888.674M PLN year-over-year, driven by a significant increase in delivered residential units and higher average unit values.
Net profit for H1 2026 was 318.98M PLN, up 84% from H1 2025, with basic and diluted EPS at 0.69 PLN.
Delivered 2,572 residential units in H1 2026, more than doubling the 1,193 units delivered in H1 2025.
Sold 1,752 premises in H1 2026, a 3% increase year-over-year.
Maintained a strong liquidity position, with cash and equivalents at 415.425M PLN at period end.
Financial highlights
Gross margin for H1 2026 was 522.881M PLN, up from 274.538M PLN year-over-year.
Operating profit for H1 2026 reached 400.376M PLN.
Net profit amounted to 318.98M PLN in H1 2026, up from 173.363M PLN in H1 2025.
Adjusted net profit (excluding revaluation gains/losses) was 319.9M PLN in H1 2026.
Dividend of 0.73 PLN per share (totaling 342.764M PLN) was declared for 2025, payable in September 2026.
Outlook and guidance
2026 sales target set at 3,600–3,800 units; delivery target at 3,750–3,950 units.
Plan to add 4,350–4,550 new units to the offer in 2026.
Long-term strategy aims for 4,500 flats sold annually by 2028 and continued land bank expansion.
Management confirmed the ability to maintain financing sources and dividend policy, supported by scenario analysis including stress tests.
No significant post-balance sheet events expected to impact financial results.
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Latest events from Develia
- Q1 2026 saw record revenue and profit growth, robust deliveries, and strategic expansion.DVL
Q1 2026 - 2025 saw record sales, profit growth, and strategic expansion in residential development.DVLQ4 2025
- Strong profit growth, robust sales, and land bank expansion after strategic acquisition.DVLQ3 2025
- Double-digit profit growth, major acquisition, and asset sale drove strong H1'2025 results.DVLQ2 2025
- Net profit rose 73% YoY on record sales and ambitious growth plans.DVLQ3 2024
- H1 2024 net profit was PLN 198.6m with strong sales and new investments despite market risks.DVLQ2 2024
- Record sales, strong profit, and ambitious growth targets set Develia apart in 2024.DVLQ4 2024
- Revenue and profit fell in Q1 2025, but expansion and dividend plans remain strong.DVLQ1 2025
Next Develia earnings date
Q3 202619 Nov, 2026
Develia
Next Develia earnings date
Q3 202619 Nov, 2026
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