Auga Group
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Auga Group (AUG1L) investor relations material

Auga Group Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary30 Sep, 2026

Executive summary

  • The group faced significant challenges in H1 2026, including ongoing restructuring processes and the sale of a major subsidiary, Baltic Champs, to address financial distress and restore long-term solvency.

  • Restructuring plans were approved and are being implemented across 11 group entities, with creditor oversight and governance changes.

  • The sale of Baltic Champs was completed in February 2026, resulting in a substantial loss from discontinued operations.

Financial highlights

  • H1 2026 revenue was €13.84m, down 15% year-over-year, mainly due to a 19% drop in raw milk prices and lower crop sales.

  • Gross profit fell 59% to €0.93m, with a gross margin of 7% (down from 14%).

  • Net loss from continuing operations was €6.94m, compared to a €4.06m loss in H1 2025.

  • Including discontinued operations, total net loss reached €21.2m, driven by a €14.3m loss from the sale of Baltic Champs.

  • EBITDA was €3.49m, down 47% year-over-year.

Outlook and guidance

  • The group’s ability to continue as a going concern depends on successful restructuring, asset sales, and achieving operational targets.

  • Liquidity and financing risks remain elevated due to high working capital needs and limited access to new funding.

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Frequently asked questions

Auga Group AB is a Lithuanian company specializing in sustainable and organic agriculture. The company's operations are diversified across several key segments, including crop growing, mushroom cultivation, dairy farming, and fast-moving consumer goods (FMCG). Auga Group is involved in producing a variety of organic crops like wheat, barley, and oats, as well as mushrooms such as champignons and portobellos. Their dairy segment focuses on organic milk production, while the FMCG division offers products such as organic dairy items and oat-based goods. In addition to its agricultural activities, Auga Group is developing technologies aimed at enhancing sustainable farming practices. This includes initiatives like biomethane production and the development of electric tractors, which are part of the company’s broader strategy to scale sustainable agriculture both in organic and regenerative conventional farming. The company is headquartered in Vilnius, Lithuania, and its shares are listed on the Nasdaq Vilnius Stock Exchange.