Intred (ITD) H1 2026 TU earnings summary

Executive summary

• Total revenue reached €29.3 million in the first half of 2026, up 5.5% year-over-year, with 92% of revenue from recurring services.

• Fiber optic connections drove growth, generating €17.4 million, up 7.8% compared to the same period last year.

• Expansion into new Lombardy provinces and strong business segment performance contributed to results.

Financial highlights

• Revenue from Professional segment was €16.2 million (+3.8% year-over-year).

• Public Administration revenue rose 29.8% to €1.6 million; Private segment up 5.0% to €5.3 million.

• Wholesale segment revenue increased 10.5% to €2.5 million.

• Revenue from School Tenders totaled €3.8 million (13% of total revenue).

Outlook and guidance

• Ongoing regional expansion and infrastructure investments support confidence in future growth.

• Business segment expected to continue generating higher volumes and margins.