EQS-News: CPI Europe announces unaudited results for the first quarter of 2026

EQS-News: CPI Europe AG / Key word(s): Quarter Results
   CPI Europe announces unaudited results for the first quarter of 2026

   28.05.2026 / 18:03 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   CPI Europe AG

   Wienerbergstrasse 9

   1100 Wien, Austria

    

   FN 114425y Commercial Court in Vienna

   VAT ID: ATU 37681807

   Data Processing Register No. 0607274

    

   Press Release – Corporate News
    

   Vienna, 28 May 2026
    

   CPI Europe announces unaudited results for the first quarter of 2026

    

     • Real estate portfolio with a value of €8,771.0 million
     • EBIT increased to €138.8 million
     • Net profit rose to €105.5 million
     • Rental income totalled €145.2 million
     • Cash and cash equivalents at €328.6 million
     • Equity ratio of 47.9% and improvement in consolidated leverage ratio
       to 42.3%
     • EPRA NTA per share rose to €36.30

     

   KEY DATA                                     Q1 2026 Q1 2025   Δ in %
   Rental income                      € million   145.2   139.0      4.4
   Results of asset management        € million   124.2   116.5      6.6
   Results from owner-operated hotels € million     0.4   (0.9)    n. a.
   Results of property sales          € million    17.2     9.4     83.3
   Results of property development    € million   (0.2)   (0.2)   (13.4)
   Results of operations              € million   121.9   105.7     15.3
   Revaluation results                € million    38.2  (14.3)    n. a.
   Operating profit (EBIT)            € million   138.8    90.7     53.0
   Financial results                  € million  (19.3)  (28.9)     33.3
   Earnings before tax (EBT)          € million   119.5    61.7     93.5
   Net profit                         € million   105.5    47.5 ≥ +100.0

    

   CPI Europe continued its positive development during the first quarter of
   2026 and generated net profit of €105.5 million. The strategic
   reorientation in 2025 supported an increase in rental income to
   €145.2 million. This improvement resulted, above all, from the acquisition
   of the Czech residential portfolio CPI BYTY in November 2025 and from an
   increase of 2.3% in like-for-like rental income.
    

   Revaluations (standing investments, properties under development and
   property sales) totalled €38.2 million. EBIT rose to €138.8 million and
   EBT increased to €119.5 million. Financial results improved to minus
   €19.3 million, in particular due to the positive non-cash valuation of
   interest rate derivatives and a reduction in the financing volume.
    

   High quality property portfolio

   CPI Europe continued the systematic optimisation of its real estate
   portfolio and closed strategic property sales with a total value of
   €33.7 million during the first quarter of 2026.
    

   The CPI Europe property portfolio included 357 properties with a combined
   value of €8,771.0 million and 3.8 million sqm of rentable space as of 31
   March 2026. The occupancy rate equalled 93.5% and the gross return 6.7%.
    

   Robust balance sheet

   CPI Europe had a robust balance sheet structure as of 31 March 2026 with
   an equity ratio of 47.9% and a consolidated leverage ratio of 42.3% (31
   December 2025: 42.8%). Cash and cash equivalents amounted to
   €328.6 million.
    

   The IFRS book value per share rose to €33.02. The EPRA NTA per share
   increased to €36.30 at the end of March 2026 and reflects the net profit
   recorded for the first quarter of the current financial year.
    

   Outlook

   CPI Europe intends to concentrate primarily on the further optimisation of
   the standing investment portfolio in 2026. Focal points will include the
   recently acquired residential portfolio in the Czech Republic and the
   expansion of the retail park portfolio. At the same time, CPI Europe plans
   to continue the sale of properties that are not compatible with the
   portfolio strategy. Opportunistic acquisitions will also be pursued
   unchanged to drive the company’s growth.
    

   The interim financial report by CPI Europe as of 31 March 2026 is
   available on the company’s website under [1]cpi-europe.com.
    

   Results notification as of 31 March 2026 by S IMMO AG

   S IMMO AG published its results for the first quarter of 2026 on 27 May
   2026. The property portfolio included 105 properties with a book value of
   €3,207.5 million, an occupancy rate of 91.1% and an overall rental yield
   of 6.9% at the end of the reporting quarter.
    

   Total revenues amounted to €89.2 million in the first quarter and
   reflected the property sales in 2025. Rental income was stable
   year-on-year at €55.1 million in the first quarter of 2026. The
   improvement in EBIT resulted, in particular, from positive property
   valuations of €2.9 million and a decline in administrative expenses to
   €54.7 million. Net profit for the period equalled €28.5 million and
   reflected the improvement in operating results as well as non-cash
   negative effects from financial results and taxes.
    

   S IMMO’s results notification as of 31 March 2026 is available on the
   company’s website under [2]simmoag.at.

   The results notification is only available in German.

    
   For additional information contact:

   Investor Relations and Corporate Communications

   CPI Europe AG
   Simone Korbelius
   [3][email protected]
   [email protected]

   S IMMO AG
   Sylwia Milke
   [email protected]

    

   For more CPI Europe content, visit our website: [4]cpi-europe.com 

   You can also follow us on [5]LinkedIn.

    

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   28.05.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

   View original content: [7]EQS News

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   Language:    English
   Company:     CPI Europe AG
                Wienerbergstraße 9
                1100 Vienna
                Austria
   Phone:       +43 (0) 1 88090
   E-mail:      [email protected]
   Internet:    http://cpi-europe.com/
   ISIN:        AT0000A21KS2
   WKN:         A2JN9W
   Listed:      Regulated Unofficial Market in Frankfurt, Munich, Stuttgart,
                Tradegate BSX; Warschau, Vienna Stock Exchange (Official
                Market)
   EQS News ID: 2335264


    
   End of News EQS News Service


   2335264  28.05.2026 CET/CEST

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