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Allegro (ALE) investor relations material
Allegro Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered strong Q2 2026 results, with group GMV up 14.4% YoY, exceeding targets and showing momentum into Q3.
Significant growth driven by investments in AI, international expansion, and new service launches in travel and healthcare.
Upgraded full-year 2026 outlook due to robust Q2 and accelerating Q3 growth.
Net profit increased 27.6% YoY to PLN 870.4m in H1 2026; Adjusted EBITDA up 16.9% YoY to PLN 1.96bn.
Leadership strengthened with new CFO and executives in commercial and fintech roles.
Financial highlights
Group GMV up 14.4% YoY to PLN 19.6bn in Q2; H1 GMV at PLN 36.9bn.
Group revenue up 16.1% YoY in Q2; H1 revenue at PLN 6.3bn.
Adjusted EBITDA exceeded PLN 1 billion in Q2; H1 Adjusted EBITDA at PLN 1.96bn.
Free cash flow and cash conversion remain strong, with group cash conversion at 71.6%.
Net debt to adjusted EBITDA improved to 0.72x as of June 30.
Outlook and guidance
Upgraded FY 2026 GMV growth guidance: Group 13-15%, Poland 11-13%, International 65-75%.
Revenue guidance: Group 12-16%, Poland 13-15%, International 35-45%.
Adjusted EBITDA guidance: Group 9-17% growth (PLN 3.9–4.1bn), Poland 11-14% growth.
No changes to CapEx guidance; target PLN 1.04-1.15bn.
Q3 trading shows further acceleration: Group GMV up 17-18% YoY quarter-to-date.
- Marketplace leader in CEE, driving growth with tech, fintech, and logistics, and strong ESG focus.ALE
Investor presentation - Strong Q1 growth, margin expansion, and upgraded international outlook for FY 2026.ALE
Q1 2026 - GMV rose 9% to PLN 69.7bn, Adjusted EBITDA up 15.4%, and PLN 1.6bn buyback planned.ALE
Q4 2025 - Polish growth and innovation drove Q3 profit surge, with international losses narrowing.ALE
Q3 2025 - Strong growth in revenue, GMV, and profit, with upgraded guidance and major capital actions.ALE
Q2 2025 - Double-digit growth, margin gains, and strong cash flow, with leverage at 1.04x.ALE
Q2 2024 - Polish growth offset international decline as leverage improved and investments accelerated.ALE
Q3 2024 - Strong Q1 growth, international expansion, and a PLN 1.4bn buyback proposal boost outlook.ALE
Q1 2025 - Double-digit growth, margin gains, and strong cash flow drive an optimistic 2025 outlook.ALE
Q4 2024
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