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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Don't Nod Entertainment
Don't Nod Entertainment (ALDNE) investor relations material
Don't Nod Entertainment H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary20 Oct, 2026
Executive summary
H1 2026 revenue was €6.1m, down 14% YoY; operating EBITDA loss widened to €4.3m from €2.0m.
Safeguard proceedings opened on October 19 to support business continuity and help secure sustainable financing.
Financial highlights
Revenue was €6.064m, down 14% YoY; total operating revenue was €6.064m versus €13.895m, down 56% YoY.
Operating EBITDA including tax credits was -€4.335m versus -€1.974m; operating EBIT including tax credits was -€7.301m versus -€21.864m.
Consolidated net loss was €7.111m versus €20.820m; prior-year results included €15.4m of impairment charges.
Personnel expenses fell 34% to €8.2m; excluding 2025 employment-protection-plan costs, they decreased 25%, or €2.7m.
Other operating expenses fell 35% to €4.0m, including lower marketing, publishing and subcontracting costs.
Outlook and guidance
Operations over the next 12 months depend on external financing for business operations and project development.
A new plan announced September 1 refocuses French operations on one production line and could affect up to 85 positions; Montreal activity is unchanged.
Safeguard proceedings include an initial six-month observation period intended to enable financing solutions while operations continue.
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Latest events from Don't Nod Entertainment
- Revenue and cash declined sharply, triggering a major restructuring and urgent need for funding.ALDNE
H1 2026 TU - Revenues soared and losses narrowed in 2025, but future funding remains a key uncertainty.ALDNEH2 2025
- Revenue up 3.8x, net loss narrowed, and Netflix deal signals strategic progress.ALDNEH1 2025
- Major asset impairments and underperforming launches led to a €42.4M net loss and project pauses.ALDNEH1 2024
- 2024 saw a €64.3M net loss and major asset write-downs, but cash reserves remain solid.ALDNEH2 2024
Next Don't Nod Entertainment earnings date
H2 202622 Apr, 2027
Don't Nod Entertainment
Next Don't Nod Entertainment earnings date
H2 202622 Apr, 2027
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