Multitude H1 FY26 net profit falls 7.75% to EUR 13.1 million; revenue drops 4.87% to EUR 126.9 million
Reuters2026/08/13 05:30- Multitude posted H1 2026 net profit of EUR 13.1 million, down 7.75% year-on-year.
- Revenue fell 4.87% to EUR 126.9 million as interest income declined to EUR 114.3 million.
- Fee and commission income more than doubled to EUR 12.6 million, lifted by partnerships, payment services, Sortter acquisition.
- Impairment losses dropped 17.7% to EUR 34.9 million; net loans and investments rose 15% to EUR 979.5 million.
- Management reiterated EUR 30 million FY2026 net profit guidance; targets 20% annual net profit growth in 2027-2028.
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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