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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.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.
- Record revenue and net income growth drive higher dividends and strong outlook for 2026.MOUR
H2 2025 - Strong H1 2025 growth with 27.5% higher revenue and robust outlook for the full year.MOUR
H1 2025 - Net income up 16.4% to €14.2M, with strong order backlog and improved margins.MOUR
H1 2024 - Stable earnings and record order backlog drive higher dividends and strong outlook.MOUR
H2 2024
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