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Hexaom (ALHEX) investor relations material
Hexaom 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 €343.9M, up 12.3% year-over-year, with strong growth in core construction activities.
Operating income rose 83.7% to €16.9M, while current operating income increased 59.8% to €19.5M.
Net income surged 125% to €12.6M, representing 3.7% of revenue.
All business segments reported positive operating margins, with significant profitability gains in house construction.
Net cash position strengthened to €71.0M, up from €32.7M a year earlier.
Financial highlights
Revenue increased by 12.3% to €343.9M, driven by a 19% rise in house construction sales.
Current operating income was €19.5M (+59.8%), and operating income was €16.9M (+83.7%).
Operating margin improved to 5.7% from 4.0% a year earlier.
Net income margin rose to 3.7%, up from 1.8% in H1 2025.
Net cash position improved to €71.0M at 30 June 2026.
Outlook and guidance
Production and revenue growth of around 20% is targeted for 2026 versus 2025.
Operational profitability is expected to remain above 5%.
Maintains a cautious approach amid geopolitical and economic uncertainties.
- Revenue up 12.1% to €343.6M; 2026 outlook strong with 20% growth and higher profitability targeted.ALHEX
Q2 2026 TU - Q1 2026 revenue up 10.5% to €159.5M; 2026 outlook: 20% growth, >5% operating margin.ALHEX
Q1 2026 - 2025 revenue fell 15.4%, but margins rose and 2026 growth of 20% is forecast.ALHEX
H2 2025 - 2025 revenue fell 15.3% year-over-year, but strong order intake signals growth for 2026.ALHEX
Q4 2025 TU - Revenue down 21.3% Y/Y, but strong order intake and growth expected in 2026.ALHEX
Q3 2025 - Revenue fell 26.5% but margins and order growth point to recovery in 2026.ALHEX
H1 2025 - Revenue declined 26.8% in H1 2025, but order intake surged, supporting a positive outlook.ALHEX
H1 2025 TU - Profitability and strong net cash position maintained despite a 24.5% revenue drop.ALHEX
H1 2024 - Revenue and profit declined sharply, but diversification and acquisitions support recovery.ALHEX
H2 2024
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