Fiducial Real Estate Half-Year Results as of March 31, 2026

Fiducial Real Estate reported a 5.3% increase in revenue, reaching €45 million in the first half of fiscal year 2025/2026. Current operating income amounted to €19.9 million, slightly higher than the previous year. The cost of financial debt remained stable at €2.7 million. Profit before tax climbed to €18.6 million, but the tax burden increased due to a new tax, impacting net income, which declined to €10 million. Investors remain cautious in the real estate sector, although the property business is showing signs of resilience.