Entech (ALESE) H1 2026 earnings summary

Executive summary

• Consolidated revenue for H1 2026 reached €71.8M, up 161% year-over-year, driven by strong growth in construction and storage projects.

• Revenue surge reflects conversion of a record 2025 order book into sales, with significant contributions from large-scale storage and solar projects.

• The company is executing its strategic roadmap, confirming its 2026 and 2029 targets for revenue and EBITDA margin.

Financial highlights

• H1 2026 consolidated revenue: €71.8M vs. €27.4M in H1 2025 (+161%).

• Entech Construction revenue: €63.3M (+224% year-over-year), representing 88% of group activity.

• Entech Solutions revenue: €8.3M (+6% year-over-year), 12% of group activity.

• Backlog at June 30, 2026: €116M, supporting full-year revenue guidance.

• H1 2026 order intake: €45.8M, with major new battery storage contracts.

Outlook and guidance

• 2026 revenue target of €130M with EBITDA margin of 8–10% is secured by backlog and ongoing negotiations.

• Strategic roadmap to 2029 targets revenue above €300M and EBITDA margin of 20–25%, with over 350 MW of owned or under-construction assets.