Europe’s largest residential landlord maintains full-year outlook after reporting first-half earnings and sales figures.
Vonovia reported non-GAAP earnings per share of €0.43 and revenue of €1.26 billion for the period. The figures reflect stable rental income and cost management amid a challenging housing market in Germany and Austria.
The company reaffirmed its fiscal 2026 guidance, signaling confidence in long-term demand despite higher interest rates and regulatory pressures. Comparable revenue in the prior-year period stood at €1.31 billion, with adjusted EPS of €0.47.
Shares showed limited movement in early Frankfurt trading as investors focused on the unchanged outlook rather than short-term results.