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LKD GPW Periodic report · PAP Biznes

Lokum Deweloper SA (LKD) · Q1 2026 results

Share price: 24.20 zł · 2026-11-10

Results Q1 2026 vs Q1 2025 · year over year · published 20 May 2026 and 21 May 2025

Net income down 83.2% year on year. The report's language is unchanged.

Only a basic analysis is available for this company at the moment.

1 · Numbers

−83.2%

Net income vs Q1 2025

Net income 5.6M vs 33.2M

Revenue +218.5%

2 · How the report reads

Unchanged

Language tone vs last period

Report language: restrained for a company report — about as upbeat as in Q1 2025.

Weak signal: formal report language, not a call.

3 · What stood out

Key theme

The company identified a material error from previous periods regarding the incorrect settlement of deferred tax on shares in its subsidiary Lokum…

Official channels

The company's own website and social media accounts.

Read between the lines

  1. Fading

    Partners and shareholders without control have a right to a total profit of 3.75% of the operating companies' profits.

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q1 2026. Ring: Q1 2025.

Report language Restrained (was restrained)

Restrained for a company report — about as upbeat as in Q1 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“Rising land prices, sustained high costs of construction materials and labor, as well as the risk of resurgent inflation and the projected slowdown in economic growth in the coming years may, in the longer term...”
“These phenomena translated into an increase in fuel prices as well as selected raw materials and construction materials on the domestic market, which directly impacted the increase in the Group's operating costs.”

Full figures

PLN · PAP Biznes report (2026-05-20)

Metric Q1 2026 Q1 2025 Change
Revenue 39.8M 12.5M +218.5%
Gross profit 14.9M 4.2M +253.4%
Operating income 10.7M 44.7M −76.1%
Net income 5.6M 33.2M −83.2%
EPS 0.31 1.84 −83.2%
P/E today 11.9 12.3 10.9 +1.4

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • The number of shares in the 3-month period ended March 31, 2026 and in the year 2025 remained unchanged.
  • The macroeconomic situation will have a significant impact on the results achieved by the Group.

Faded since Q1 2025

  • Fading Rising prices of land, construction materials, and labor, as well as the risk of rising inflation and the projected slowdown in economic…
  • Fading Funds earmarked for the new government "Mieszkanie na Start" program were redirected to assist people affected by the floods that hit…

Latest announcements

Official filings, newest first.

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