Core Viewpoint - EPH European Property Holdings PLC expects a net profit of approximately EUR 4-5 million for the first half of 2025, a significant recovery from a net loss of EUR 13.89 million in the same period of 2024 [1][5] Financial Performance - The positive change in financial results is primarily attributed to a gain on revaluation of investment properties of approximately EUR 3 million, driven by a slight increase in market rental rates and stabilization of discount and capitalization rates at the end of 2024 [2] - In the first half of 2024, EPH recognized a loss of EUR 20 million on revaluation of investment properties due to rising capitalization and discount rates during that period [2] Revenue Streams - The revenue stream from rental properties remains stable, showing growth of approximately 3% compared to the first half of 2024, mainly due to rent indexations, high occupancy rates, and active asset management [3] - Loss from operations of the hotel property Trois Couronnes decreased from EUR 1.05 million in the first half of 2024 to EUR 0.63 million in the reporting period, with growth in all segments of hotel revenue, particularly from the newly opened restaurant [4]
EPH European Property Holdings PLC Profit / Loss Warning - EPH expects net profit in its consolidated accounts for the 1HY 2025 compared to the previous year
Globenewswireยท2025-09-03 17:00