Rising Stone's H1 2026 Financial Surge: Doubling Net Income

Rising Stone, a developer of luxury real estate in the French Alps, reported a robust financial performance for the first half of 2026. Revenue reached €30.3 million, a rise of 10% when excluding a significant land disposal in H1 2025, with integrated activities comprising over half of total revenue. Service revenue notably soared by 76% to €15.4 million.

Operating profit increased by 20% to €9.9 million, achieving an operating margin of 32.6%. The company's net income more than doubled to €8.3 million, exceeding previous estimates and yielding a net margin of 27.5%.

Shareholder equity strengthened significantly, increasing to €77.2 million, with a reduction in net gearing to 66%. Rising Stone's ambitious pipeline, driven by recent acquisitions of premium land, aims for net income targets of €15.2 million to €16.0 million for 2026 and €30 million in 2028.