Econocom Group (ECONB) Q2 2026 TU earnings summary

Executive summary

• Revenue declined 3.7% year-over-year to €1,399 million in H1 2026, reflecting a challenging European market and lower activity in Technology Management & Financing (TMF).

• Products & Solutions (P&S) showed strong growth, while TMF saw a significant drop after a strong H1 2025.

• Net income reached €1.3 million, up from €0.8 million in H1 2025, despite losses from the Synertrade disposal.

• Ongoing transformation focuses on higher value offers in Audiovisual, Financing, Infrastructure, and Workplace.

Financial highlights

• Revenue: €1,399.3 million, down 3.7% year-over-year.

• Operating margin: €30.9 million, down 24.5% from H1 2025.

• Operating profit: €22.9 million, down 32.1% year-over-year.

• Net profit from continuing operations: €7.8 million, down 54.4% year-over-year.

• Net profit for the period: €1.3 million, up 51.2% year-over-year.

Outlook and guidance

• Full-year 2026 guidance confirmed: 2-3% revenue growth expected.

• Anticipates a catch-up in TMF activity in H2 2026.

• Ongoing transformation and cost reduction expected to yield results in coming semesters.