REVO Insurance (REVO) Q3 2026 earnings summary

Executive summary

• Gross written premiums reached €314.3m at 30 September 2026, up 12.0% YoY; adjusted operating profit was €44.6m and adjusted net profit €25.7m.

• Results were described as on track with first-year Business Plan targets; 2028 targets were reaffirmed.

Financial highlights

• IFRS 17 insurance revenue was €253.7m, up 20.4% YoY; insurance service result was €36.8m versus €34.1m.

• Operating profit was €41.1m versus €35.6m; adjusted operating profit rose to €44.6m from €41.2m.

• Net profit was €21.3m versus €18.4m; adjusted net profit was €25.7m versus €24.2m.

• Net financial result was €7.0m versus €4.1m; investment result was €7.1m versus €4.9m, supported mainly by higher income.

Outlook and guidance

• Q4 priorities include developing the operating and distribution platform, strengthening intermediary relationships, and expanding the Spanish branch.

• 2028 targets were confirmed after the Eurocaution acquisition was abandoned and the Chief Underwriting Officer resigned.