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Erria (ERRIA) investor relations material
Erria H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached DKK 85.1m, slightly above H1 2025, with net profit at DKK 0.3m and EBITDA at DKK 2.6m, reflecting one-off costs from three capital raises.
Equity increased significantly to DKK 50.1m from DKK 13.3m a year ago, driven by DKK 26.8m in gross proceeds from capital transactions.
Cash flow from operating activities improved to DKK 9.0m, up from DKK 5.1m in H1 2025, supported by tighter working capital management.
The group enters H2 with a strengthened order pipeline and a focus on converting pipeline opportunities to meet full-year guidance.
Interim consolidated report covers the period from 1 January to 30 June 2026, prepared in accordance with the Danish Financial Statements Act.
Financial highlights
Revenue: DKK 85.1m (H1 2025: DKK 83.6m); Net profit: DKK 0.3m (H1 2025: DKK 2.0m); EBITDA: DKK 2.6m (H1 2025: DKK 3.6m); Gross profit: DKK 24.2m (H1 2025: DKK 30.6m).
EBIT: DKK 1.4m (H1 2025: DKK 3.0m); Operating cash flow: DKK 9.0m (H1 2025: DKK 5.1m).
Cash position: DKK 41.6m, including DKK 20.0m in a bond portfolio reserved for acquisitions.
Solvency ratio improved to 48.6% (H1 2025: 16.2%).
Total assets increased to DKK 103.1m at 30 June 2026 from DKK 82.1m at 30 June 2025.
Outlook and guidance
FY 2026 revenue guidance: DKK 190–210m; EBITDA: DKK 8.5–10.5m; EBIT: DKK 7.0–9.0m.
Achieving guidance depends on strong H2 order conversion; management will reassess outlook after Q3.
Outlook subject to geopolitical risks, shipping market trends, and project delivery timing.
- Record 2025 results and a 43.1% ROIC highlight strong growth and disciplined expansion.ERRIA
Investor presentation - Record revenue, strong cash flow, and high ROIC mark a transformative year with disciplined growth.ERRIA
H2 2025 - Global maritime one-stop shop with diversified services and major international clients.ERRIA
Corporate presentation - H1 2025 saw lower revenue and profit, but improved cash and higher equity despite currency impacts.ERRIA
H1 2025 - Erria exceeded H1 2024 profit forecasts and raised full-year guidance on robust segment performance.ERRIA
H1 2024 - Erria improved margins and repaid debt in 2024, with 2025 growth led by offshore and security.ERRIA
H2 2024
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