Graines Voltz
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Graines Voltz (GRVO) investor relations material

Graines Voltz has been delisted

Graines Voltz H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary30 Jun, 2026

Executive summary

  • Sales increased by 2.2% year-over-year to €77.6m for the first half of 2024/2025, but revenue for H1 2025/2026 was €75.3 million, down 2.9% year-over-year; on a constant scope basis, revenue declined by 1.4%.

  • Operating profit on ordinary activities decreased by 10% year-over-year to €5.07m, then fell 37.3% to €3.2 million, representing 4.2% of revenue.

  • Net profit group share declined by 18.4% year-over-year to €2.39m, then decreased by 22.7% to €1.8 million.

  • Margin fell by 5 points, mainly due to higher production input costs and a decline in the nursery business, partially offset by cost savings.

Financial highlights

  • Sales for the first half reached €77.6m, up from €75.9m in the prior year, then declined to €75.3m in H1 2025/2026.

  • Gross margin rate declined by 1.1 points to 50.5%.

  • Personnel expenses reduced by €1.4 million, partly due to a €0.6 million Research Tax Credit.

  • Net provisions increased, negatively impacting results by €0.7 million.

  • Financial expenses decreased by €0.1 million due to improved working capital management.

Outlook and guidance

  • Focus on continued cost management and margin recovery initiatives.

  • Management notes an unstable economic environment and inflationary pressures impacting margins.

  • Inventory rationalization and restructuring initiatives are ongoing and showing positive results.

  • Strengthening of top management underway.

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Frequently asked questions

Graines Voltz SA is a France-based company specializing in the distribution of seeds and young plants for the horticultural and agricultural sectors. The company offers a diverse range of products, including flower, vegetable, and herb seeds, as well as seedlings for ornamental and edible plants. Graines Voltz serves professional growers, nurseries, and retailers across Europe, providing high-quality seeds and plants. The company is headquartered in Colmar, France, and its shares are listed on Euronext Paris.