on ARTEA (EPA:ARTE)
ARTEA Publishes Its 2025 Half-Year Results
ARTEA has announced its results for the first half of 2025. Revenue decreased by 49% compared to 2024, reaching €26.3 million. This decline is primarily due to lower revenue from property development, influenced by a sluggish market and longer transaction times.
Operating results show a loss of €5.2 million, exacerbated by increased depreciation and provisions. Net income was -€1.2 million. However, service revenues increased by 9.5% despite unfavorable seasonal conditions.
As of June 30, 2025, ARTEA's assets under management totaled €344.3 million. The net cost of debt decreased by 4%, while the loan-to-value (LTV) ratio improved. ARTEA will continue its debt reduction strategy in the second half of the year.
R. H.
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