Investors House
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Investors House (INVEST) investor relations material

Investors House Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary20 Aug, 2026

Executive summary

  • H1 2026 net result was €0.0M, down from €3.8M in H1 2025, mainly due to the absence of one-off gains from prior year asset sales and the impact of non-recurring items (€0.1M negative effect).

  • Q2 2026 net result was €0.2M, compared to €3.5M in Q2 2025, which included a significant gain from the sale of Apitare Oy.

  • 2026 is described as a year of structural change, with full impact expected in 2028.

  • Strategic targets for 2025–2027 remain unchanged, focusing on growing dividends, 10% ROE over time, and at least 45% equity ratio.

  • CEO transition: Jukka Akselin appointed as CEO in April 2026.

Financial highlights

  • H1 2026 revenue was €2.9M, down 43% year-over-year; Q2 2026 revenue was €1.4M, down 41%.

  • H1 2026 net rental income was €0.9M, down 64% year-over-year.

  • Q2 2026 result was €0.2M, down from €3.5M in Q2 2025.

  • Dividend of €0.37 per share for 2026, paid in two installments, marking the 11th consecutive year of dividend growth.

  • Equity decreased to €17.5M from €39.7M due to large dividend and capital repayments in 2025.

Outlook and guidance

  • Guidance for 2026 remains unchanged; full-year result expected to be significantly weaker than the strong 2025 result.

  • Profit is expected to grow in the second half but remain well below the previous year.

  • The company targets an average 10% ROE for 2024–2027.

  • Growth is expected to resume in 2027 and results to materialize in 2028.

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Frequently asked questions

Investors House is a Finland-based real estate investment company focused on the ownership, development, and management of commercial properties. The company’s portfolio includes office buildings, retail spaces, and service properties primarily located in growth regions across Finland. Investors House generates rental income through long-term leasing agreements and also engages in property development and asset management services. The company is headquartered in Helsinki, Finland, and its shares are listed on the NASDAQ OMX Helsinki.