Heimar hf. (HEIMAR) Earnings Call Transcripts
Heimar hf.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, Heimar hf. reported strong financial results with an 18.1% revenue growth, driven by significant investments and solid leasing momentum. EBITDA increased by 16.5% year-on-year, reaching ISK 2.8 billion, while net profit for the quarter was ISK 2.3 billion, reflecting a 64% increase from the same period last year. Management indicated that the outlook for the year is now at the upper end of previously announced guidance, suggesting potential for continued positive performance.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | ISK 18.1 billion (beat) |
| EBITDA | ISK 2.8 billion (beat) |
| Net Profit | ISK 2.3 billion (beat) |
| Occupancy Rate | 96% (inline) |
| LTV Ratio | 61.5% (inline) |
| Equity Ratio | 32% (neutral) |
Guidance from management
Management indicated that the outlook for the year is now at the upper end of the previously announced earnings guidance, suggesting continued positive performance driven by strong leasing and investment strategies.
What analysts pressed on
Analysts expressed concerns regarding the sustainability of revenue growth in the face of potential economic headwinds and inflationary pressures. There were questions about the impact of share buybacks on long-term shareholder value and the company's ability to maintain high occupancy rates amidst market fluctuations.
Main topics on the call
- Revenue Growth — Heimar reported an impressive 18.1% revenue growth in Q1 2026, attributed to strong leasing momentum and strategic investments. Management noted, "We see that the real growth registers at roughly 13.7%."
- EBITDA Performance — The company's EBITDA rose to ISK 2.8 billion, marking a 16.5% increase year-on-year. This growth is indicative of effective cost management and operational efficiency.
- Net Profit Surge — Net profit for the quarter reached ISK 2.3 billion, a substantial increase of 64% compared to Q1 2025. This performance highlights the company's strong operational execution.
- Guidance Update — Management signaled an optimistic outlook, stating that inflation developments are bringing the outlook for the year towards the upper end of the previously announced earnings guidance.
Read the full Heimar hf. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Heimar hf.
Heimar hf. (HEIMAR) is a publicly listed company in the Real Estate Management and Development industry, within the Real Estate sector. It trades on ICSE and is based in IS. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 3 calls on record spanning October 22, 2025 to May 12, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 3 Heimar hf. earnings call transcripts on record, spanning October 22, 2025 to May 12, 2026. Based on this history, Heimar hf. reports quarterly. The most recent call on file is dated May 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- HEIMAR
- Exchange
- ICSE
- Country
- IS
- Sector
- Real Estate
- Calls on record
- 3
- First call
- October 22, 2025
- Most recent
- May 12, 2026
- Reporting cadence
- quarterly
| Quarter | Date | |
|---|---|---|
| Q1 FY2026 | May 12, 2026 | Read transcript → |
| Earnings Calls | Feb 12, 2026 | Read transcript → |
| Q3 FY2025 | Oct 22, 2025 | Read transcript → |