Profil:
Lokum Deweloper SALokum developer posts PLN 33.2 mln net profit in Q1 2025, above expectations
Listed real estate developer Lokum posted PLN 33.2 million (EUR 7.8 mln) attributable net profit in the first quarter of 2025, above the PAP Biznes consensus for a PLN 23.8 million (EUR 5.6 mln) net take, the company's financial report has shown.
Q1 2025 | results | consensus | difference | y/y |
PLN mln | PLN mln | % | % | |
Revenues* | 12.5 | 42.8 | -70.8% | -86,00% |
EBITDA | 45.1 | 29.4 | 53.4% | 61.5% |
EBIT | 44.7 | 30.8 | 45.4% | 62.5% |
Attrib. net profit | 33.2 | 23.8 | 39.5% | 55.1% |
*Revenues from sales. In the first quarter of 2025, Lokum also recorded PLN 67 million (EUR 15.8 mln) in revenue from land disposals (including a profit from pre-development activities of PLN 47.3 million or EUR 11.13 mln).
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