Ideal Holdings (INTEK) investor relations material

Executive summary

• Record revenue and profitability in H1 2026, with statutory revenue up 27% to €275 million, comparable EBITDA up 10% to €28.8 million, and net profit up 18% to €13.4 million year-over-year, driven by organic growth and full integration of Barba Stathis.

• All portfolio companies improved operational and financial performance despite a challenging macroeconomic environment.

• Major transaction: €118.8 million investment to acquire OHA's 25% minority interest in Kymora Limited, consolidating ownership in key subsidiaries.

• Successful listing of Attica Department Stores on Euronext Athens, raising €57.6 million and 3.9x oversubscribed.

• Strong cash generation enabled significant shareholder returns and continued investment in growth.

Financial highlights

• Statutory revenue increased 27% year-over-year to €274.6 million.

• Comparable EBITDA rose 10% to €28.8 million; net profit up 18% to €13.4 million.

• Group cash position at period end: €138 million.

• €0.85 per share (€47.6 million) returned to shareholders in H1, a 13.6% yield.

• Four-year aggregate capital return of €93.4 million, representing 28% of current market cap.

Outlook and guidance

• Full-year 2026 revenue expected to grow 8%-10% like-for-like, with statutory revenue up 20%; EBITDA by 8%-10%, earnings before tax by 12%-14%, and net profit by 17%-20% versus 2025.

• Dividend payout ratio of 40%-50% to be maintained, with €0.25-€0.30 per share expected.

• Attica expects FY revenue and EBITDA growth of 7%-9%, EBT up 8%-10%.

• BYTE Group projects FY revenue of €115–125 million and EBITDA of €17–18 million (approx. 15% margin).

• Continued focus on investing in known businesses and value creation over debt repayment.