KN Energies (KNE1L) Q1 2026 earnings summary

Executive summary

• Revenue for the three months ended 31 March 2026 reached €29,823 thousand, up from €25,326 thousand year-over-year.

• Net profit for the period was €7,247 thousand, a significant increase from €4,426 thousand in the same period last year.

• The company operates liquid energy terminals and LNG terminals, with activities in Lithuania, Brazil, and Germany.

Financial highlights

• Gross profit rose to €12,907 thousand from €9,793 thousand year-over-year.

• Operating profit increased to €9,608 thousand from €6,652 thousand year-over-year.

• Cash and cash equivalents at period end were €17,986 thousand, up from €12,361 thousand at year-end 2025.

• Total assets stood at €556,798 thousand as of 31 March 2026.

• Borrowings totaled €302,069 thousand, with lease liabilities at €24,606 thousand.

Outlook and guidance

• No explicit forward-looking financial guidance provided, but segment and asset expansion in Germany and Brazil indicate ongoing international growth.