Moury Construct
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Moury Construct (MOUR) investor relations material

Moury Construct 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 summary29 Sep, 2026

Executive summary

  • H1 2026 revenue grew 18.1% YoY to €147.6m, following completion of major projects; operating income rose 23.6% to €22.5m.

  • Net income increased 14.5% YoY to €17.5m.

Financial highlights

  • Operating expenses rose 17.1% YoY to €126.2m, including purchases of €111.8m and personnel costs of €12.8m.

  • Financial result was a €0.8m gain vs. €3.0m in H1 2025; financial income primarily reflected interest on cash investments, while expenses mainly reflected negative fair-value changes in portfolio shares.

  • Equity was €160.4m at June 30, 2026, up 5.7% from December 31, 2025; total assets were €272.2m, up 8.0%.

Outlook and guidance

  • Projects were progressing in line with forecasts; the board expects FY 2026 operating income to grow YoY, mainly on higher activity volume, with operating margin maintained.

  • Order book stood at €370m as of August 31, 2026.

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Frequently asked questions

Moury Construct is a Belgium-based construction company engaged in building and civil engineering projects for both public and private sectors. The company’s activities include residential, commercial, and industrial construction, along with renovation and restoration work. Moury Construct also undertakes infrastructure projects such as roadworks and utility installations. Its services cover project planning, execution, and site management, often operating as a general contractor or in joint ventures. The company is headquartered in Liège, Belgium, and its shares are listed on the Euronext Brussels.