Lumo Homes Q3 Revenue Rises 12% as Valuation Cuts Trigger Loss
HELSINKI – November 05, 2026 -- Lumo Homes plc swung to a third-quarter pre-tax loss of EUR 87.7 million, against a profit of EUR 32.8 million a year earlier. Higher yield requirements drove a EUR 139.6 million negative fair-value result on investment properties, even as revenue rose 12.0 percent to EUR 127.3 million.
Lumo's third-quarter net rental income rises 11.5 percent to EUR 95.9 million
Net rental income represented 75.3 percent of revenue, compared with 75.7 percent a year earlier. Funds From Operations (FFO) increased 4.7 percent to EUR 46.1 million from EUR 44.1 million. Earnings per share were EUR -0.27, against EUR 0.11 a year earlier. Gross investments fell to EUR 10.6 million from EUR 13.6 million.