on Readcrest Capital AG (isin : DE000A0LE3J1)
Readcrest Capital AG Boosts Revenue and Earnings in H1 2026
Readcrest Capital AG reported a 1.6% increase in consolidated revenue, reaching EUR 65.3 million in the first half of 2026, compared to the previous year's EUR 64.3 million. Net income surged to EUR 24.9 million from EUR 0.4 million, thanks in part to the EUR 29.4 million gain from selling its U.K. care home business.
The sale, completed in April, contributed a GBP 38.5 million cash inflow, enabling the repayment of GBP 30.0 million in bank loans. As a result, the company's net financial liabilities reduced from EUR 180.1 million to EUR 123.5 million. Cash reserves doubled to EUR 20.3 million.
The company expanded its home care operations with three acquisitions in England and Scotland. It also ventured into light industrial real estate in Germany by acquiring a majority stake in RC Industrie Immobilien SE.
R. P.
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