Von der Heyden Group Finance first-half profit falls to €19,190
Finance income declines
Von der Heyden Group Finance plc approved and published its unaudited interim report for the six months ended 30 June 2026.
Finance income fell to approximately €1.28 million, from €1.32 million in the same period last year, while finance costs edged up slightly to €1.12 million.
As a result, net finance income decreased to around €155,281, compared with €206,143 a year earlier.
Lower expenses partly offset weaker margin
Administrative expenses declined to €136,091 from €172,666, helping to offset some of the pressure from the lower finance margin.
Despite this, profit before tax and profit for the period fell to €19,190, from €33,477 in the first half of 2025.
Earnings per share also declined to €0.08, compared with €0.13 a year earlier.
Total assets rise to €41.77 million
Total assets increased to approximately €41.77 million, up from €40.68 million at the end of 2025.
The balance sheet included around €32.11 million in non-current loans receivable, together with approximately €9.56 million in current loans and other receivables.
As Von der Heyden Group Finance operates primarily as a financing company, the relationship between finance income and the cost of servicing its debt remains particularly relevant to bondholders when assessing its standalone performance.
Disclaimer: Interim reports may reflect only the issuing company and may not include the financial performance of its group companies.