Hexaom (ALHEX) Q1 2026 earnings summary

Executive summary

• Q1 2026 revenue rose 10.5% year-over-year to €159.5 million, driven by strong Home Building performance.

• Like-for-like revenue growth was 8.2%, excluding the impact of the HDV sub-group acquisition.

• Home Building segment saw a 14.9% increase in revenue, supported by improved order intake and production ramp-up.

• The group expects 2026 revenue growth of 20% and operating profitability above 5%.

Financial highlights

• Total Q1 2026 revenue: €159.5 million, up from €144.4 million in Q1 2025.

• Home Building revenue: €133.2 million (+14.9%); Renovation: €9.1 million (-7.1%); Real Estate Development: €14.0 million (-5.4%).

• Intermediated business revenue increased 14.6% to €4.7 million; General Contractor revenue fell 24.6% to €4.3 million.

• Land Development revenue was €3.1 million, aligning with targets.

Outlook and guidance

• Revenue growth of 20% and operating profitability above 5% targeted for 2026.

• Focus on cost control, margin management, and production growth amid economic and geopolitical uncertainty.

• Plans to increase market share, diversify activities, and support customer demand through innovation and financing solutions.