Hampiðjan (HAMP) Q1 2026 earnings summary

Executive summary

• Revenue increased by 8.1% year-over-year to €97.3m for Q1 2026, with net profit rising to €4.1m from €2.8m in Q1 2025.

• EBITDA was stable at €11.3m, reflecting a 0.3% increase year-over-year after adjustments for discontinued operations.

• Major industrial expansion underway in India, expected to boost efficiency and production capacity, with full benefits anticipated by 2028.

• Ongoing restructuring in aquaculture operations, consolidating under the Eldi brand, with positive market reception.

• New joint venture Rotor Aqua established to develop and market technology for aquaculture process management.

Financial highlights

• Net profit for Q1 2026 was €4.1m, up from €2.8m in Q1 2025.

• Revenue reached €97.3m, compared to €90.0m in the prior year period.

• EBITDA margin was 11.6%, down from 12.5% year-over-year.

• Total assets increased to €565.7m from €547.5m at year-end 2025.

• Equity at period end was €274.6m, up from €270.3m at year-end 2025.

Outlook and guidance

• Production ramp-up in India expected to improve cost efficiency, with operational benefits starting in 2027 and fully realized by 2028.

• Aquaculture restructuring and technology partnerships aimed at long-term growth and innovation.