GMP Property SOCIMI (YGMP) H1 2025 earnings summary

Executive summary

• Consolidated net profit attributable to the parent for the first half of 2025 was €114.3 million, up from €71.5 million in the same period of 2024.

• Revenue reached €53.7 million, a slight increase from €53.2 million year-over-year.

• Fair value gains on investment properties were €84.7 million, significantly higher than €45.6 million in H1 2024.

• The group expanded its consolidation perimeter with the acquisition of Bext Vallecas, S.L.U., focused on Flex Living residential assets.

Financial highlights

• Net profit attributable to the parent: €114.3 million (H1 2025) vs. €71.5 million (H1 2024).

• Revenue: €53.7 million (H1 2025) vs. €53.2 million (H1 2024).

• EBITDA (Operating result): €37.6 million (H1 2025) vs. €38.7 million (H1 2024).

• EPS: €5.97 (H1 2025) vs. €3.74 (H1 2024).

• Cash and equivalents at period end: €129.5 million.

Outlook and guidance

• Management expects to meet all financial covenants and maintain compliance with SOCIMI regime requirements.

• No significant cyclical or seasonal effects are expected in the business.