Siguldas Ciltslietu Un Maksligas Apseklosanas Stacija (SCM1R) Q2 2026 earnings summary

Executive summary

• Main activities include production of breeding bull semen and milk testing services, with genetics sector contributing 78% and milk testing 17.3% of net turnover for the period.

• Net turnover for the first six months of 2026 reached €1,019.5 thousand, up 6.6% year-over-year.

• Profit before corporate income tax was €124.7 thousand, a 116% increase compared to the same period last year.

• No major events or significant risks impacted the financial statement during the reporting period.

• Focus remains on expanding product and service volumes through operational efficiency.

Financial highlights

• Net sales increased to €1,019,472 from €956,178 year-over-year.

• Profit after tax was €116,239, up from €57,671 in the prior year period.

• Earnings per share (EPS) rose to €0.275 from €0.137 year-over-year.

• Cash and cash equivalents at period end were €50,103, down from €135,487 at the end of 2025.

• Dividends of €33,795 were distributed during the period.

Outlook and guidance

• Continued emphasis on operational efficiency and expansion of marketed products and services.