Montea NV Reports 23.4% Increase in Net Rental Income for H1 2025; EPS Declines to €3.37 from €4.73 in 2024

Reuters
08/22
Montea NV Reports 23.4% Increase in Net Rental Income for H1 2025; EPS Declines to €3.37 from €4.73 in 2024

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Montea NV published the original content used to generate this news brief on August 21, 2025, and is solely responsible for the information contained therein.

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