Carbios (ALCRB) H1 2026 earnings summary

Executive summary

• Achieved a 19% reduction in operating expenses compared to H1 2025, reflecting ongoing financial discipline.

• Maintained a solid cash position of €48 million as of June 30, 2026, sufficient to cover operating expenses for over 12 months.

• Advanced financing for the Longlaville plant, with credit committee approvals from most lenders and a major commercial agreement nearing completion.

• Strengthened strategic partnership with Wankai and expanded licensing for PET biorecycling to the global textile market.

Financial highlights

• Operating loss for H1 2026 was €11.8 million, an improvement of €3.9 million year-over-year.

• Net loss reduced to €9.4 million from €11.9 million in H1 2025.

• Net cash consumption at the parent company was €4.2 million, down from €33.4 million in H1 2025.

• Group-level cash consumption was €11 million, down from €18 million year-over-year.

• Cash and cash equivalents stood at €47.5 million at period end.

Outlook and guidance

• Plans to continue cost-control measures while ensuring resources for strategic priorities in H2 2026.

• Roadmap includes finalizing Longlaville plant financing, resuming construction, advancing partnerships, and accelerating commercialization.