Montea NV has released its financial results for the first half-year ended June 30, 2025. The company reported a net rental income of €67.8 million, up from €55.0 million in the same period last year. The property result increased to €71.9 million from €59.3 million in the first half of 2024. The operating result before portfolio result was €63.0 million, reflecting a decrease in efficiency compared to the previous year, with a percentage of 92.9% of net rental income, down from 94.3%. The financial result, excluding changes in the fair value of hedging instruments, was a loss of €7.9 million compared to a loss of €6.1 million in the previous year. EPRA earnings before taxes stood at €55.1 million, an increase from €45.7 million in the corresponding period of 2024. After accounting for taxes and other adjustments, the EPRA earnings were €54.0 million, up from €44.9 million last year. The net result (IFRS) per share decreased to €3.37 per share from €4.73 per share in 2024. This decrease was mainly attributed to the changes in value of the property portfolio, deferred taxes, and a slight decline in the value of interest rate hedging instruments. No specific outlook or guidance was included in the report.