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Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
Nordecon
Nordecon (NCN1T) investor relations material
Nordecon Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary6 Aug, 2026
Executive summary
Revenue for H1 2026 reached €126.9 million, up 37% year-over-year, with strong growth in both Buildings and Infrastructure segments.
Operating profit increased to €2.47 million, while net profit rose to €699k, reflecting improved operational performance.
Net profit attributable to owners was €436k versus a loss of €134k last year.
Order book grew 7% year-over-year to €324.4 million, with new contracts signed totaling €181.7 million in H1 2026.
Financial highlights
EBITDA for H1 2026 was €3.84 million, up from €3.44 million in H1 2025.
Gross margin declined to 4.7% (H1 2025: 5.9%) due to rising input prices and project mix.
Operating margin decreased to 1.9% (H1 2025: 2.3%).
Net margin improved to 0.6% (H1 2025: 0.5%).
Administrative expenses rose 9% year-over-year, mainly due to higher staff costs, but the expense-to-revenue ratio fell to 2.9%.
Outlook and guidance
Strategic agenda targets at least 5% annual revenue growth and operating margin consistently above 3%.
Management expects business volumes to increase in 2026, supported by a strong order book and public investment, especially in defence and infrastructure.
Focus on organic growth, digitalization, and balanced order books across segments.
Commitment to strong dividend yield and sustainable development goals.
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Latest events from Nordecon
- Revenue up 32% year-over-year, margins improved, and order book expanded 31%.NCN1T
Q1 20267 May 2026 - Revenue and profit declined, but a 30% order book surge signals growth in 2026.NCN1TQ4 20255 Feb 2026
- Revenue and profit declined, but the order book surged 41% amid persistent market challenges.NCN1TQ3 20256 Nov 2025
- Revenue up 20%, net profit €5.2M, and Infrastructure order book strengthened for 2025.NCN1TQ4 202410 Sep 2025
- Order book up 70% year-over-year despite revenue and profit declines in H1 2025.NCN1TQ2 20257 Aug 2025
- Revenue and profit rebounded, driven by strong Buildings segment growth and margin gains.NCN1TQ3 202413 Jun 2025
- Revenue and profit surged, but liquidity and market risks remain elevated.NCN1TQ2 202413 Jun 2025
- Order book up 43% year-over-year to €283.5m, offsetting a 15% revenue decline.NCN1TQ1 20256 Jun 2025
Next Nordecon earnings date
Q3 20265 Nov, 2026
Nordecon
Next Nordecon earnings date
Q3 20265 Nov, 2026
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