Infortar (INF1T) Q2 2026 earnings summary

Executive summary

• Achieved improved profitability in H1 2026, with EBITDA rising 31% and EBIT up 94% year-over-year, despite a volatile economic environment and broadly unchanged revenue.

• All business segments contributed to EBITDA growth, with supporting businesses turning from a €4.4M loss to a €5.6M profit.

• Focused on cost efficiency, volume growth, and deleveraging, supported by strong liquidity.

• No new business combinations were completed in Q2 2026; growth was driven by core operations.

• Dividend was approved and paid, reflecting confidence in long-term development.

Financial highlights

• H1 2026 revenue was €945.9M, down 0.6% year-over-year; Q2 2026 revenue was €440.9M, down 12.6% from Q2 2025.

• H1 2026 EBITDA rose 31% year-over-year to €111.2M; Q2 2026 EBITDA increased 11.8% to €64.2M.

• H1 2026 net profit was €7.2M, compared to a loss of €14.4M in H1 2025.

• Profit attributable to shareholders reached €15M in H1 2026, up from a loss of €3M in H1 2025.

• Investments totaled €50M in H1 2026.

Outlook and guidance

• Continued focus on international expansion, new investment opportunities, and value creation.

• Emphasis on cross-segment synergies, stable cash flow, and consistent dividends.

• Geopolitical risks, energy price volatility, and economic uncertainty remain key challenges.

• Diversified business portfolio and stable revenue from energy networks and real estate help mitigate risks.

• Management maintains financial buffers and seeks new investments to diversify risk.