Pro Kapital Grupp (PKG1T) investor relations material

Executive summary

• Revenue for the first six months of 2026 was EUR 26.1 million, down 9% year-over-year, mainly due to timing of project completions and handovers in Tallinn and Vilnius.

• Net profit for the period was EUR 3.3 million, a 47% decrease compared to EUR 6.2 million in 2025, reflecting lower sales volumes and higher administrative expenses.

• Operational progress continued across all core markets, with strong sales in Vilnius and ongoing construction in Tallinn and Riga.

• The group remains cautiously optimistic for the remainder of 2026, supported by a diversified portfolio and a robust development pipeline.

Financial highlights

• Gross profit for the first six months was EUR 9.6 million (2025: EUR 10.2 million), with a gross margin of 37%.

• Operating profit reached EUR 5.6 million, down from EUR 7.5 million year-over-year.

• Earnings per share for the period were EUR 0.06, compared to EUR 0.11 in 2025.

• Cash generated from operating activities was EUR 9.3 million, up from EUR 8.5 million in 2025.

• Net asset value per share increased to EUR 1.17 (2025: EUR 1.01).

Outlook and guidance

• Management expects stable performance for the remainder of 2026, with active construction sites and new developments approaching launch.

• The group is focused on disciplined project selection, controlled execution, and careful capital allocation amid selective macroeconomic conditions.