Adris Grupa (ADRS) Q2 2026 earnings summary

Executive summary

• Consolidated revenue for H1 2026 reached €574 million, up 9% year-over-year, with sales revenue at €537 million, also up 9%.

• EBITDA rose 20% to €102 million; net operating profit was €46 million, up 18% year-over-year.

• Net profit for H1 2026 was €44 million, a 9% increase, with a notable one-off gain from the sale of non-operating assets.

• All business units continued transformation programs, focusing on cost efficiency, digitalization, and sustainability.

Financial highlights

• Operating cash flow for H1 2026 was €92.6 million; net cash decreased by €61 million due to investment activities.

• Total assets as of June 30, 2026, were €3.58 billion; equity stood at €1.80 billion.

• Earnings per share for H1 2026 were €1.73, up from €1.59 in H1 2025.

• Dividend payout during the period was €50,000.

Outlook and guidance

• Booking trends in tourism are stronger than last year, indicating robust demand for the main and shoulder seasons.

• Over €100 million in tourism investments planned for 2026, focusing on camps and hotel upgrades.

• The group expects continued inflationary pressures and labor cost increases to challenge profitability.