Shurgard H1 FY26 profit drops 80.8% to €67.9 million; revenue rises 2.9% to €229.6 million

• Shurgard posted H1 2026 operating profit of EUR 124.3 million, down 72.9%, while profit for the period fell 80.8% to EUR 67.9 million.
• Basic EPS slid 81.4% to EUR 0.66, reflecting a sharp drop in investment property fair-value gains to EUR 4.6 million.
• Revenue rose 2.9% to EUR 229.6 million, while NOI edged up 0.2% to EUR 140.2 million and the NOI margin narrowed 1.7 percentage points to 61.1%.
• Adjusted EPRA earnings dipped 4% to EUR 77.7 million; adjusted EPRA EPS decreased 6.2% to EUR 0.77.
• Guidance was cut to all-stores revenue growth of 3.5%-4.5% from 6%-8%; the half-year dividend was set at EUR 0.58 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shurgard Self Storage Ltd. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.