Infortar (INF1T) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached €505 million, up 13% year-over-year, with EBITDA at €47.07 million, a 68% increase from Q1 2025.

• Net profit for Q1 2026 was €5 million, with profit attributable to owners at €13 million; earnings per share were €0.62.

• All core business segments showed continued growth and resilience despite a volatile economic environment, supported by organic growth and operational efficiency.

• The group maintained a strong balance sheet, reduced debt, and ensured high liquidity, supporting ongoing investments.

• Diversification across energy, maritime transport, real estate, and agriculture provided stability amid geopolitical and market uncertainties.

Financial highlights

• Revenue increased by 13% year-over-year to €505 million in Q1 2026.

• EBITDA rose 68% to €47.07 million compared to Q1 2025, with an EBITDA margin of 9.3%.

• Net profit improved to €5 million from a loss of €1 million in Q1 2025; net profit attributable to equity holders was €12.821 million.

• Cash and cash equivalents grew 52% year-over-year to €232 million.

• Total assets reached €2.66 billion, equity €1.24 billion, and interest-bearing liabilities €1.03 billion as of March 31, 2026.

Outlook and guidance

• Focus remains on efficiency and international expansion, with infrastructure projects progressing as planned.

• Management expects continued market volatility and limited visibility due to geopolitical risks, especially in energy markets.

• The group will focus on long-term investments in energy, infrastructure, and food production to ensure sustainable value creation.

• Dividend payout ratio targeted at 90%, with a proposed total dividend of €3.02 per share for 2026.