Akwel (AKW) Q2 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 TU earnings summary
23 Jul, 2026Executive summary
Consolidated revenue for the first half of 2026 was €415.0 million, a decrease of 18.7% year-over-year.
Revenue declines were observed across all major business lines and geographic regions.
Financial highlights
First half 2026 revenue: €415.0 million, down 18.7% compared to H1 2025.
Net cash position at June 30, 2026: €98.1 million; adjusted net cash flow (including term deposits): €133.2 million.
Investment spending was €10.6 million, down from €17.5 million in H1 2025.
Outlook and guidance
Full-year 2026 consolidated revenue expected to decline by 12% to 15%.
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Q3 2024 TU - Revenue and profit declined, but cash flow and investments in future tech remained strong.AKW
H2 2024