EUROKAI (EUK3) Q2 2026 earnings summary

Executive summary

• Revenue increased by 14.4% year-over-year to EUR 149.6 million, driven by higher volumes and storage fees, especially at La Spezia Container Terminal and in the intermodal sector.

• Net profit for the first half of 2026 was EUR 44.8 million, down from EUR 48.9 million in the prior year, mainly due to lower investment income and start-up losses at the new Damietta terminal.

• Operating profit (EBIT) rose to EUR 32.5 million from EUR 29.2 million year-over-year.

• Total container handling volume grew by 8.3% to 7.41 million TEU, with notable increases in Germany, Italy, and new contributions from Egypt.

Financial highlights

• Revenue: EUR 149.6 million (up 14.4% year-over-year).

• EBIT: EUR 32.5 million (up from EUR 29.2 million year-over-year).

• Net profit: EUR 44.8 million (down from EUR 48.9 million year-over-year).

• Earnings per share: EUR 2.29 (down from EUR 2.54 year-over-year).

• Cash and cash equivalents increased to EUR 230.7 million from EUR 223.2 million at year-end 2025.

Outlook and guidance

• Full-year 2026 profit now expected to be roughly in line with 2025, an upgrade from previous guidance of a significant decline.

• Forecast subject to increased uncertainty due to Middle East conflict, energy prices, and global trade disruptions.

• Potential positive impact from new partnerships and terminal expansions not yet included in guidance.