Heimar FY26 H1 net profit more than doubled to ISK 4.6 billion; revenue rises 16.1% to ISK 8.7 billion

Reuters2026/08/27 15:38

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Heimar posted net profit of ISK 4.6 billion for the first six months, up from ISK 1.1 billion a year earlier.
Operating revenues rose to ISK 8.7 billion, driven by a 16.1% year-on-year increase in rental income to ISK 8.33 billion.
EBITDA climbed 14.6% to ISK 5.83 billion; the fair value change of investment properties totaled ISK 7.7 billion.
Investment properties stood at ISK 243 billion; cash was ISK 4.8 billion, interest-bearing debt ISK 146 billion, leverage 61.6%.
Occupancy held at 96%; 2026 rental income seen at ISK 16.85-17.2 billion, EBITDA at ISK 12.05-12.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heimar hf. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Heimar FY26 H1 net profit more than doubled to ISK 4.6 billion; revenue rises 16.1% to ISK 8.7 billion

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