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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.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.
- Restructuring and asset sales drove improved efficiency, reduced losses, and lower debt in 2025.AUG1L
Q4 2025 - Revenue fell 11% and net loss narrowed amid major restructuring and asset sales.AUG1L
Q2 2025 - Restructuring, impairments, and market headwinds led to losses despite revenue growth.AUG1L
Q4 2024 - EBITDA guidance cut 51% as crop segment lags, but profit margins and other segments improved.AUG1L
Q2 2024 - EBITDA up 59%, gross profit rose, and tech advances drove improved Q1 2024 results.AUG1L
Q1 2024
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