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Clinica Baviera
Clinica Baviera (CBAV) investor relations material
Clinica Baviera Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary29 Jul, 2026
Executive summary
Revenue grew 10% year-over-year to €169.9 million in H1 2026, with all countries contributing to growth.
Net income increased 17% to €26.7 million compared to H1 2025.
EBITDA rose 14% to €50.6 million, with margin improvements in Spain and Italy.
Expansion continued with new clinics in Spain, Germany, and Italy, supporting sales growth.
Financial highlights
Operating expenses increased 8% year-over-year, reaching €119.4 million.
EBIT grew 12% to €37.1 million, while profit before taxes rose 14% to €37.1 million.
Cash flow from operations was stable at €42.9 million.
CAPEX totaled €12.4 million, mainly for new openings and renovations.
Outlook and guidance
New clinics in Spain, Germany, and Italy are expected to drive further growth.
The Rome clinic in Italy is set to begin operations in September, supporting continued expansion.
Drivers of margin compression in Germany
EBITDA drag from the new Rome clinic opening
Organic growth vs new clinic impact in Spain
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Clinica Baviera
- Q1 2026 saw 8% revenue growth and 14% higher net income, driven by clinic expansion.CBAV
Q1 2026 - Revenue and profit rose double digits, with strong expansion and robust financial position.CBAVQ4 2025
- Revenue up 16% and EBITDA up 12% year-over-year, with strong expansion and share price growth.CBAVQ3 2025
- Revenue up 18% to €154.7M; EBITDA and core market growth offset UK and Italy headwinds.CBAVQ2 2025
- Revenue up 16% and UK expansion via Optimax acquisition mark a growth-focused quarter.CBAVQ3 2024
- Double-digit growth and a strategic UK acquisition drove strong 1H 2024 results.CBAVQ2 2024
- Revenue up 21% and net income up 4% in Q1 2025, with strong cash position.CBAVQ1 2025
- Record revenue and profit growth, UK expansion, and higher dividends highlight 2024.CBAVQ4 2024
Next Clinica Baviera earnings date
Q3 202626 Nov, 2026
Clinica Baviera
Next Clinica Baviera earnings date
Q3 202626 Nov, 2026
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