FRoSTA (NLM) H1 2026 earnings summary

Executive summary

• Revenue increased by 11.7% year-over-year to €368 million in H1 2026, driven by strong brand growth and market share gains in core segments.

• Net income rose slightly to €18.2 million, with a net margin of 4.9%, slightly below the prior year's 5.4%.

• The company invested in expanding production capacity and increased marketing spend to support growth.

• Working capital and cash flow remained stable, supporting a robust equity ratio of 60.7%.

Financial highlights

• Revenue: €368.4 million (+11.7% year-over-year).

• Net income: €18.2 million (+2.4% year-over-year).

• Operating income: €25.0 million (+5.5% year-over-year).

• Equity ratio: 60.7% (up from 59.0% a year ago).

• Return on Investment (ROI): 19.1% (down from 24.0% a year ago).

Outlook and guidance

• Full-year 2026 revenue growth expected between 9% and 17%.

• Net income margin forecasted at 5% to 8% of revenue.

• Management remains confident in continued strong demand for branded products despite macroeconomic and geopolitical uncertainties.