Real Fastigheter (REAL) Q2 2026 earnings summary

Executive summary

• Revenue and operating net decreased year-over-year due to property divestments, but profit after tax rose sharply, reflecting improved financial efficiency and lower interest costs.

• The company is transitioning from consolidation to a growth phase, with a strengthened organization and balance sheet ready for expansion.

Financial highlights

• Q2 2026 revenue: 34,425 Tkr (down from 43,000 Tkr); H1 2026 revenue: 79,845 Tkr (down from 89,100 Tkr).

• Q2 2026 net profit: 5,862 Tkr (up from 3,500 Tkr); H1 2026 net profit: 18,542 Tkr (up from 8,102 Tkr).

• Earnings per share H1: 0.62 SEK (up from 0.27 SEK).

• Operating net H1: 40,734 Tkr (down from 48,700 Tkr).

• Management result H1: 15,233 Tkr (up from 13,102 Tkr).

Outlook and guidance

• The market is stabilizing with improved financing conditions, but geopolitical and interest rate uncertainties remain.

• The company plans to grow its property portfolio and improve profitability through acquisitions and active management.