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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.
Egide
Egide (ALGID) investor relations material
Egide H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary19 Oct, 2026
Executive summary
H1 2026 revenue was €15.20m, down 2.4% reported but up 0.7% at constant exchange rates; excluding Santier, revenue rose 2% to €13.8m.
Net loss narrowed to €0.87m from €2.04m; excluding Santier, EBITDA was €1.25m and net income €0.77m.
Financial highlights
Consolidated EBITDA improved to -€0.08m from -€0.21m; operating loss narrowed to €0.67m from €1.39m.
Excluding Santier, operating profit was €0.79m versus a €0.55m loss; net profit was €0.77m versus a €1.17m loss.
Net financial expense narrowed to €0.10m from €0.73m, including a €0.14m reversal of foreign-exchange loss provisions.
Lower consumed purchases (€5.51m vs €6.19m), personnel costs (€6.65m vs €7.13m) and external costs (€2.44m vs €2.64m) supported the operating-result improvement.
Outlook and guidance
French operations are expected to grow in FY 2026 versus 2025, subject to continued Bollène operating-capacity recovery; the strategic-market order book is described as solid.
H2 North American performance depends on customer-program delivery timing, backlog conversion, and Cambridge’s capacity and resource ramp-up.
Santier assembly transfers to Cambridge are subject to qualification and are expected to contribute progressively from 2027; clients representing ~55% of Santier’s 2025 revenue approved the transfer in principle.
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Latest events from Egide
- Revenue declined 18% but EBITDA loss halved and net loss improved by 19% year-over-year.ALGID
H2 2024 - H1 2026 revenue reached €15.2m, driven by Egide SA and Thermal Imaging, despite US declines.ALGIDQ2 2026 TU
- Revenue up 4%, EBITDA positive, but net loss deepened; US operations consolidated and net debt reduced.ALGIDH2 2025
- 2025 revenue rose 4% to €31.34m, driven by thermal imaging and European market gains.ALGIDH2 2025 TU
- EBITDA turned positive as revenue rose 1%, but net loss widened due to Santier’s downturn.ALGIDH1 2025
- Thermal imaging and European growth drove a return to revenue expansion in H1 2025.ALGIDH1 2025 TU
- Revenue fell 19.6% and net loss widened, with a €1.8M capital increase to support recovery.ALGIDH1 2024
- 2024 revenue fell 15.5%, but single-digit growth is forecast for 2025.ALGIDH2 2024 TU
Egide
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