Lumo Homes Q2 pretax profit swings to EUR 83.6 million; revenue rises 8.1% to EUR 125 million

Reuters2026/08/13 05:04

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Lumo Kodit reported April–June revenue up 8.1% to EUR 125 million, lifting FFO 12.4% to EUR 43.6 million.
Pre-tax profit swung to EUR 83.6 million from a loss, helped by EUR 34.1 million in property fair-value gains.
Net rental income rose 10.7% to EUR 91.7 million; financial occupancy improved 1.4 percentage points to 95%.
Management flagged a portfolio acquisition completed in April, with occupancy in the acquired portfolio rising to about 89% by end-June.
2026 outlook: revenue EUR 488–493 million; FFO EUR 147–152 million excluding non-recurring costs.

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. Lumo Kodit Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260813:BIT:7034:0) on August 13, 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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Lumo Homes Q2 pretax profit swings to EUR 83.6 million; revenue rises 8.1% to EUR 125 million

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