Alerion Clean Power (ARN) Q2 2026 earnings summary

Executive summary

• H1 2026 revenue rose to €83.4m from €77.6m; EBITDA increased to €53.7m from €51.8m, and net profit reached €6.5m from €5.8m.

• Consolidated electricity production grew 7.8% YoY to 647.1 GWh, supported by improved wind conditions and new capacity.

• Financial indebtedness under ESMA guidance rose to €744.9m from €598.6m at year-end 2025, reflecting growth and construction investment.

• ~400 MW of wind, solar and BESS capacity was under construction in Italy, Romania and Spain, with first results expected by year-end 2026.

Financial highlights

• Operating revenue was €73.1m vs €66.3m; other revenue and income was €10.3m vs €11.3m.

• EBITDA rose to €53.7m from €51.8m; EBIT reached €27.4m vs €25.5m, after €26.3m of depreciation and amortisation in both periods.

• Profit before tax was €11.0m vs €9.7m; net profit was €6.5m vs €5.8m, including €6.1m attributable to owners vs €5.2m.

• Basic EPS was €0.11 vs €0.10; no special items were recognised, so adjusted revenue, EBITDA and EBIT matched reported figures.

Outlook and guidance

• Construction of new wind, solar and BESS plants is planned to continue in H2 2026.

• No significant events after 30 June 2026 were identified as impacting the outlook.