Switzerland's Peach Property H1 operating profit rises yr/yr, reaffirms 2026 outlook
Overview
Switzerland real estate investor's H1 net rental income grew 5.1% yr/yr, vacancy rate declined
Group Adjusted EBITDA for H1 rose 25% yr/yr; Funds from Operations declined slightly
Company reduced Loan-to-Value Ratio to 45.2% and confirmed 2026 guidance
Outlook
Company confirms 2026 guidance for like-for-like net rental income to rise by around 6.0%
Peach Property Group sees 2026 Group FFO between EUR 17 mln and EUR 19 mln
Company maintains medium-term target to reduce Loan-to-Value Ratio to below 45%
Result Drivers
RELETTING AND RECEIVABLES MANAGEMENT - Co said faster reletting, more active receivables management and targeted portfolio investments supported higher net rental income and lower vacancy rate
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 EBIT | EUR 29 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "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 Peach Property Group AG is CHF8.00, about 70.4% above its September 22 closing price of CHF4.70
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 33 three months ago
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(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.)