Altarea H1 FY26 group FFO rises 39.2% to EUR 86.6 million; revenue falls 9.1% to EUR 867.5 million

Reuters2026/07/29 15:44

By:Reuters

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Altarea first-half 2026 FFO attributable to shareholders rose 39.2% to EUR 86.6 million; net profit attributable to shareholders swung to EUR 36.9 million.
Revenue fell 9.1% to EUR 867.5 million; operating result (FFO basis) climbed 17.8% to EUR 163.2 million.
Housing operating result (FFO basis) more than doubled to EUR 48.6 million; Commerce slipped 3.4% to EUR 109.8 million.
Net debt edged down to EUR 1.87 billion from Dec. 31, 2025; LTV narrowed 1.5 percentage points to 29.5%.
Guidance was confirmed for a “sharp” rise in 2026 FFO; founder Alain Taravella cited a “clear ramp-up” in results and restored residential margins.

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. Altaréa SCA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Altarea H1 FY26 group FFO rises 39.2% to EUR 86.6 million; revenue falls 9.1% to EUR 867.5 million

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