The PPF Group reported a net profit of EUR 834 million for the first half of 2026, 157 percent more than a year earlier.

Image from the publication Hospodářské noviny
Image from the publication Hospodářské noviny, 21 Oct 2026

The PPF Group announced in a press release on 21 October 2026 that it achieved a net profit of EUR 834 million for the first half of 2026, about CZK 20.3 billion. That is an increase of 157 percent year on year.[1][2]

Operating revenues rose by 28 percent to EUR 2.35 billion, approximately CZK 57.1 billion. The group's assets fell by 1.2 percent year on year to EUR 42.1 billion, about CZK 1.02 trillion.[1][2]

According to PPF, the result reflected all pillars of the business: telecommunications, media, financial services, real estate and e-commerce. Škoda Group also contributed positively with a record profit. EBITDA in telecommunications reached EUR 1.12 billion against EUR 1 billion a year earlier, net profit of financial services grew almost fivefold to EUR 301 million, and real estate reported a net profit of EUR 75 million, helped by the sale of a stake in a hotel asset in London.[1][2]

The report is the first since the group completed the move of its seat from the Netherlands to the Czech Republic on 1 April 2026. Kateřina Jirásková, co-CEO, said that the results confirm the benefit of a diversified portfolio.[1][2]

Related articles: Škoda Group

Chronology

  • — The PPF group announced that it posted a net profit of EUR 834 million, roughly CZK 20.3 billion, in the first half of 2026, up 157 percent year on year. ČTK / České noviny Hospodářské noviny
  • — The Office for the Protection of Competition approved the PPF group's purchase from the Kaprain group of companies owning real estate projects around the O2 arena in Prague 9 and the Oaks Prague golf course in Nebřenice. ČTK / České noviny

Sources

  1. ČTK / České noviny — 21 October 2026
  2. Hospodářské noviny — 21 October 2026