Overview
Swiss real estate firm's net profit for 2025 rose 81.2% yr/yr
Property income increased 5.2% yr/yr, driven by acquisitions
Company proposes dividend increase to CHF 6.00 per share
Outlook
Intershop expects stable to slightly higher net rental income in 2026
Company plans to exploit market opportunities for acquisitions and disposals in 2026
Intershop aims to continue attractive dividend policy in 2026
Result Drivers
PROPERTY INCOME - Property income rose 5.2% to CHF 86.5 mln, driven by acquisitions in 2024 and 2025
PROPERTY SALES - Profit from property sales increased 26.8% to CHF 29.4 mln, boosting operating income
VALUATION CHANGES - Net profit surged 81.2% to CHF 212.8 mln, primarily due to CHF 188.5 mln portfolio revaluation
Company press release: ID:nEQ1rHW9ya
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental Income
CHF 77.20 mln
FY Net Income
CHF 212.80 mln
FY EBIT
CHF 283.30 mln
FY Pretax Profit
CHF 276.10 mln
FY ROE
21.10%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
Wall Street's median 12-month price target for Intershop Holding AG is CHF170.00, about 0% even its February 25 closing price of CHF170.00
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)