Intershop Holding AG Reports Strong Half-Year Results

In a recent announcement, Intershop Holding AG, a prominent Swiss real estate investment company based in Zurich, has reported a robust half-year performance for 2025. The company, which primarily focuses on commercial real estate investments in key Swiss business centers such as Zurich, Bern, and Geneva, has seen significant growth driven by higher rental income and revaluation gains.

Key Financial Highlights

Intershop achieved a net profit of CHF 175.9 million in the first half of 2025, with an operating profit of CHF 36.0 million. This performance is attributed to successful transactions, an increase in target rents, and lower vacancy rates within its investment property portfolio. The company’s strategic acquisitions and sales over the past 18 months have played a crucial role in this growth.

Rental Income and Property Transactions

The company’s rental income saw an impressive increase of 8.1%, rising to CHF 44.3 million from CHF 40.9 million in the same period last year. On a like-for-like basis, the income grew by 2.0%. Intershop’s net property income also increased by 7.4% to CHF 39.5 million. These gains have contributed to a 14.6% improvement in operating profit (EBIT before valuation changes), reaching CHF 36.0 million. The operating efficiency, measured by the EBIT margin before valuation changes, climbed to 74.1%.

Cost Management and Financial Stability

Despite the increase in property expenses, which rose by 14.4% to CHF 4.7 million, the company maintained financial stability. These expenses accounted for 10.7% of the property income, aligning with expectations. Intershop’s ability to manage costs effectively while achieving growth in revenue underscores its strong operational management.

Market Position and Outlook

With a market capitalization of CHF 1.47 billion and a price-to-earnings ratio of 12.081, Intershop Holding AG continues to be a significant player in the Swiss real estate sector. The company’s strategic focus on commercial real estate in prime locations positions it well for future growth. As the company navigates the evolving real estate landscape, its proactive approach to acquisitions and property management is expected to drive continued success.

For more detailed information, stakeholders and interested parties can visit Intershop’s website at www.intershop.ch , where the company’s stock is traded on the SIX Swiss Exchange.