Globe Trade Centre S.A. (GBCEY) Q2 2026 Earnings Call Transcript

Michal Kuzawinski
Director of Investors Relations & Ownership Supervision

Good afternoon, everybody, and good morning to those who have joined us from behind the ocean. So we have today our H1 2026 results to discuss with you. We will have a presentation for you followed by a written Q&A session. [Operator Instructions]. We have with us today our CEO, Botond; and CFO, Jacek.

And I’ll hand over now to Botond to begin the presentation. Thank you.

Antal Rencz
CEO & President of the Management Board

Thank you very much, Michal. And I would like to welcome everybody to this call today. Very warm welcome probably because this summer, at least in Europe, was extremely warm. So I think everybody enjoyed their vacation. In case you didn’t, probably you will have a little bit calmer weather in September. But I’m very grateful that you have taken the time and you are joining us on this call.

Last time we covered the first quarter, now we are going to cover the first half, and Magda is going to show us the slides that we have. And the plan is that I give you a half-year highlights, and then Jacek will go into the details, and we are going to finish just like last time with the Q&A session.

So let me start with the headline picture for the first half. So Magda, if you don’t — okay, yes, we have now the numbers. So when we look at it, we can see that our rental activity — revenue from rental activity moved up 5% year-on-year with the underlying like-for-like 2%. We