Hampiðjan
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Hampiðjan (HAMP) investor relations material

Hampiðjan Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary27 Aug, 2026

Executive summary

  • Net profit for the first half of 2026 was €8.4 million, up from €5.2 million year-over-year.

  • Revenue decreased by 0.9% to €183.2 million compared to the same period last year.

  • EBITDA declined slightly by 1.1% to €24.0 million, adjusted for discontinued operations.

  • Major industrial expansion underway in India, expected to boost efficiency and flexibility.

  • Ongoing restructuring and consolidation in aquaculture and Norwegian operations to improve margins.

Financial highlights

  • Revenue for H1 2026: €183.2 million (down 0.9% year-over-year).

  • EBITDA: €24.0 million (down 1.1% year-over-year).

  • Net profit: €8.4 million (up from €5.2 million year-over-year).

  • Equity at period end: €281.4 million.

  • Basic EPS from continuing operations: 1.35 EUR cent (up from 1.12 EUR cent year-over-year).

Outlook and guidance

  • Indian expansion expected to deliver cost savings and operational benefits starting next year, with full impact by 2028.

  • Restructuring in Norway and Lithuania anticipated to improve profitability in the coming periods.

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Frequently asked questions

Hampiðjan hf. is an Icelandic company specializing in the production of fishing nets, ropes, and fishing longlines. The company's diverse product portfolio includes trawls, trawl doors, purse seines, warps and ropes, data transfer cables, and various netting products. Hampiðjan also offers ropes and hardware for commercial fishing, seismic, tugging, mooring, yachting, lifting, and off-road applications. Additionally, the company manufactures sport netting and other specialized ropes and straps. The company is headquartered in Reykjavik, Iceland, and its shares are listed on the Nasdaq Iceland.