Cerillion (CER) H1 2026 TU earnings summary

Executive summary

• Signed a major new contract with Omantel worth approximately £42.5m, the largest in company history, with implementation on track and expected to drive significant H2 results.

• Full-year results are expected to be strongly weighted to the second half, similar to the previous year.

Financial highlights

• H1 2026 revenue expected to be around £18.0m, down from £20.9m in H1 2025, due to timing of contract revenue recognition.

• H1 2026 EBITDA expected at approximately £6.2m, compared to £9.9m in H1 2025.

• Net cash at half-year end was approximately £32.5m, up from £31.2m at 31 March 2025.

Outlook and guidance

• Board expects to meet market expectations for the full financial year, with a stronger H2 performance anticipated.

• Strong pipeline of new business opportunities and continued investment to support growth.