Appeninn stock holds at HUF 647 with HUF 30.7 billion value

Published on 10/07/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Appeninn stock reflects first-half rental income of EUR 11.339 million, up 5 percent on September 21, 2026. Adjusted EBITDA reached EUR 6.913 million.

Appeninn, HU0000102132, Illustration mit AI erstellt.

Appeninn stock (ISIN HU0000102132) closed at HUF 647 on the Budapest Stock Exchange on October 6, 2026, while its market capitalization stood at HUF 30.7 billion. The flat daily change leaves the company's first-half operating figures as the key business context.

Rental income rises 5 percent

According to Appeninn on September 21, 2026, rental income reached EUR 11.339 million in the first half of 2026, an increase of 5 percent from the same period of 2025. The adjusted EBITDA margin remained above 60 percent, keeping the operating profile stable despite the stronger forint.

The operating detail is more constructive than the headline profit picture. Adjusted EBITDA came to EUR 6.913 million in the first six months of 2026, compared with EUR 6.707 million in the same period a year earlier, according to Property Forum.

Polish assets reshape the portfolio

Appeninn's expansion has shifted the geographic mix of its property holdings. The Polish portfolio reached EUR 170 million after acquisitions in logistics, offices and retail, while the wider group portfolio exceeded EUR 290 million after the DEKADA transaction, Property Forum reported on September 21, 2026.

The company bought a 56,000-square-meter logistics center in Tarnow and later added seven retail parks and four shopping centers. The acquired retail assets cover approximately 53,000 square meters and have a 95 percent occupancy rate, according to Vilaggazdasag on September 21, 2026.

Currency pressure hits earnings

The main counter-factor is currency exposure. The stronger forint weighed on Appeninn's consolidated post-tax result during the first half of 2026, even as rental income and adjusted EBITDA improved, making operating performance more important than the reported bottom line for assessing the portfolio expansion.

Appeninn stock stays at HUF 647

Appeninn stock closed at HUF 647 on the Budapest Stock Exchange on October 6, 2026, unchanged on the session. Its HUF 30.7 billion market capitalization gives the rental growth, EBITDA and Polish expansion a direct market-value context.