Develia stock reports 152 percent revenue growth in H1 2026

Published on 10/05/2026 at 12:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Develia stock was trading at PLN 8.69 on October 5, 2026, while first-half net income reached PLN 319.2 million. Analysts set a PLN 10.657 average target.

Develia, PLLCCRP00017, Illustration mit AI erstellt.

Develia stock (ISIN PLLCCRP00017) was trading at PLN 8.69 on GPW at 12:00 p.m. CEST on October 5, 2026, down 1.25 percent from PLN 8.80. The central company story is stronger operating volume: Develia reported PLN 1,888.7 million in first-half 2026 revenue, up 152 percent from PLN 748.3 million a year earlier, according to Strefa Inwestorow on September 11, 2026.

Revenue rises as deliveries expand

First-half net income attributable to Develia shareholders reached PLN 319.2 million, compared with PLN 173.7 million in the first half of 2025. The result therefore increased 83.7 percent, while first-half EBIT rose to PLN 400.4 million from PLN 182.0 million, according to Strefa Inwestorow.

The volume behind that jump was substantial. Develia handed over 2,572 homes in the first half of 2026, up 116 percent from 1,193 a year earlier, while sales increased 3 percent to 1,752 homes.

Summer sales add a fresh checkpoint

Sales reached 2,306 homes after eight months, a 6 percent year-over-year increase, including 554 contracts signed during the summer, Rzeczpospolita reported on October 3, 2026. The company set a full-year sales target of 3,600 to 3,800 homes, while its target for handovers stood at 3,750 to 3,950 units.

The earnings profile also shows the key counterweight. First-half gross margin on sales fell to 27.7 percent from 37 percent, even as gross profit increased to PLN 522.9 million from PLN 274.5 million. That combination makes delivery timing and cost control important for the second half.

Analysts see room above the quote

The published consensus was Buy, based on six analysts, with three Buy ratings, three Holds and zero Sells. The average 12-month target was PLN 10.657, with a low of PLN 8.20 and a high of PLN 13.10, according to Investing.com; the average target lies 22.6 percent above the PLN 8.69 quote.

Develia stock trades below its yearly high

Develia stock was trading at PLN 8.69 on GPW on October 5, 2026, with a 52-week range of PLN 7.65 to PLN 11.20 and a market capitalization of PLN 4.0 billion. The quoted level was 22.4 percent below the 52-week high, leaving the market valuation closely tied to whether higher deliveries can offset the lower margin.