Alma Media Q2 and H1 2026: Revenues Up 5% as Real Estate Delivers Strong Performance

Alma Media, the company behind well-known marketplaces in Finland, has released its interim report for 2026, with a strong period for the group's Real Estate segment.

Highlights for the quarter include:

• Revenues of €87.9 million, up 5% year on year
• Adjusted operating profit was €24.4 million, up 15.6%
• Operating profit was €24.2 million, up 21.6%
• Adjusted EBITDA was €27.9 million, up 8.5%

Highlights for the first half of the year include:

• Revenues of €171 million, up 4.9% year on year
• Adjusted operating profit was €44.8 million, up 16.9%
• Operating profit €44.5 million was up 22.0%
• Adjusted EBITDA €52.3 million, up 10.6%

Alma's Marketplace segment carries brands including Etuovi.com and Vuokraovi.com for real estate, the autos marketplaces Autotalli.com and NettiAutto.com and price comparison brands Autojerry, Etua and Urakkamaailma.

In addition to Finland, Alma Media’s main markets are Czechia and Slovakia in Central Europe, as well as Croatia in Southern Europe.

Alma Marketplaces performed well for the quarter, with Real Estate delivering revenue growth of 14.8% year on year.

For the first half of the year, Marketplace revenues were €62 million, up 10.4% year-on-year. Adjusted EBITDA was €24.1 million, an 18.3% increase.

Kai Telanne, President and CEO at Alma, said:

"Alma Media delivered continued growth and improved profitability during the second quarter. Revenue increased by 5.0% to MEUR 87.9 and the share of digital business reached 87.1% of the revenue.

"Adjusted operating profit improved by 15.6% to MEUR 24.4, corresponding to an adjusted operating margin of 27.7%.

"Revenue in the Real Estate business unit increased by 14.8%. The impact of organic revenue growth was 12.8%. Growth was supported by an expanding range of service offerings, growing demand for commercial real estate services and continued growth in digital housing transactions. Classified revenue increased by12.4%, driven by broad-based growth across all business units, particularly in Sweden. Increased regulatory requirements in customers’ operations boosted demand for Real Estate Insights services."

Alma Media expects its full-year revenue of 2026 to remain at the 2025 level and the adjusted operating profit to grow.