Appeninn reported EUR 11.34 million rent. Appeninn stock costs EUR 1.65

Published on 10/19/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Appeninn stock was quoted at EUR 1.65 on October 19, 2026 during Xetra trading. First-half adjusted EBITDA margin stayed above 60 percent.

Portfolio expansion and operating margins

The September 21, 2026 report put first-half rental income at EUR 11.34 million.
First-half adjusted EBITDA reached EUR 6.91 million versus EUR 6.71 million a year earlier.
Appeninn stock traded at EUR 1.65 at 9:19 a.m. CEST at Lang & Schwarz on October 19, 2026.

Appeninn, HU0000102132, Illustration mit AI erstellt.

Appeninn (ISIN HU0000102132) was trading at EUR 1.65 at Lang & Schwarz on October 19, 2026 at 9:19 a.m. CEST, while its first-half 2026 rental income had risen 5 percent to EUR 11.34 million, according to Appeninn in its September 21, 2026 release. The report also put adjusted EBITDA at EUR 6.91 million and said the adjusted EBITDA margin stayed above 60 percent.

Rental income rose 5 percent

The first-half figures show a split operating picture. Rental income increased from the comparable prior-year level by 5 percent, while adjusted EBITDA rose from EUR 6.71 million to EUR 6.91 million. Direct contribution reached EUR 7.49 million, compared with EUR 7.17 million in the first half of 2025, according to the company release.

What supports the portfolio?

Appeninn's expansion in Poland provides the main operating counterweight to currency pressure. Property Forum reported on September 21, 2026 that a February logistics acquisition in Tarnow and the July DEKADA transaction lifted the Polish portfolio to EUR 170 million and the total property portfolio above EUR 290 million. The DEKADA assets had a 95 percent occupancy rate and annual gross rental income exceeding EUR 10 million.

Why does the loss matter?

The portfolio growth did not prevent a sharp earnings reversal. Diplomacy and Trade reported on September 21, 2026 that Appeninn posted a first-half loss of EUR 6.20 million, compared with a EUR 3.40 million profit in the base period. The source attributed the result to property revaluation losses and exchange-rate effects, making operating income and portfolio integration more important indicators for the next report.

Stock enters the session at EUR 1.65

Appeninn stock was trading at EUR 1.65 at Lang & Schwarz on October 19, 2026 at 9:19 a.m. CEST during the Xetra session. The further course of trading is shown by the continuously updated real-time quote of Appeninn stock.