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MUR GPW mWIG40 Periodic report · PAP Biznes

Murapol SA (MUR) · Q2 2026 results

Share price: 38.35 zł · 2026-11-10

Murapol SA is a Polish real estate developer. The company develops residential properties and buildings located in various cities across Poland. Source: Wikipedia

Results Q2 2026 vs Q2 2025 · year over year · published 15 Sep 2026 and 24 Sep 2025

Net income up 71.3% year on year. The report's language is unchanged.

1 · Numbers

+71.3%

Net income vs Q2 2025

Net income 48.4M vs 28.3M

Revenue +62.6%

Why Net income rose mainly due to the development of the Murapol Capital Group, growing sales, and an increased range of apartments within the ongoing development projects.

2 · How the report reads

Unchanged

Language tone vs last period

Report language: upbeat for a company report — about as upbeat as in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out

The subsidiary company Murager GmbH was liquidated on June 25, 2026.

Official channels

The company's own website and social media accounts.

Read between the lines

  1. Figure

    The subsidiary company Murager GmbH was liquidated on June 25, 2026.

    Source quote
    “On June 25, 2026, the subsidiary Murager GmbH was liquidated.”
  2. Figure

    Lower revenue in the PRS segment resulted from investment project schedules and construction work timelines.

    Source quote
    “The lower level of revenue in the PRS segment results from investment project schedules and construction work schedules.”

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: Q2 2026. Ring: Q2 2025.

Report language Upbeat (was very upbeat)

Upbeat for a company report — about as upbeat as in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“Among other things, the war has caused and may continue to have serious consequences for the Polish economy, and the construction industry may find itself in a particularly difficult situation, for example, due to rising energy costs,...”

Full figures

PLN · PAP Biznes report (2026-09-15)

Metric Q2 2026 Q2 2025 Change
Revenue 323.4M 198.8M +62.6%
Gross profit 99.6M 62.9M +58.2%
Operating income 60.7M 33.9M +79.0%
Net income 48.4M 28.3M +71.3%
P/E today 6.5 6.4 6.3 +0.1

Topics

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

Most discussed now

  • Leveraging the potential of the owned land bank to achieve a leading developer position in the real estate market
  • Geographic structure of apartment sales to retail customers (developer agreements and preliminary agreements)
  • The Group's vision is to create an organization operating based on a repeatable and optimized business model in the market for apartments…
  • Over the past few tens of years, a process of frequent changes in real estate laws that have a significant impact on the sector can be…
  • Among other things, the war has caused and may continue to have serious consequences for the Polish economy, and the construction industry…

Faded since Q2 2025

  • Fading Murapol, what contributed to achieving in Ukraine on its operating activity
  • Fading From: - companies and individuals related to the shareholders of the companies from the Group from: - companies and individuals related to…
  • Dropped On October 31, 2024, the Company entered into agreements with the members of the Management Board and selected members of senior management.
  • Fading During the 6-month period ended June 30, 2025, no significant changes occurred in the area of administrative matters, other than those…

Latest announcements

Official filings, newest first. Summaries are generated from each filing and its attachment; every figure is checked against the source.

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