Nueva Expresión Textil (NXT) H1 2026 earnings summary

Executive summary

• Achieved strong operational growth and advanced execution of the 2026-2030 Strategic Plan, with visible improvements in normalized and comparable results.

• Revenue for H1 2026 reached €27.2M, up 66% year-over-year, driven by strong international sales and expansion in both American and European business hubs.

• Both America and Europe hubs contributed significantly to growth, with enhanced business performance in each.

• Major capital increases were executed via conversion of convertible bonds, strengthening equity and reducing financial leverage.

• Disciplined financial and capital management supported expansion, maintaining leverage below 2.5x EBITDA.

Financial highlights

• Comparable perimeter sales reached €27.2M, up 66% year-over-year; EBITDA rose to €5.9M, up 78%.

• Operating income increased to €4.2M (+165%), and net profit to €3.2M (+165%) compared to H1 2025.

• Normalized figures (including Sindutex) show sales of €32.5M (+99%), EBITDA €7.2M (+116%), operating income €5.4M (+239%), and net profit €4.4M (+259%).

• Cash and equivalents increased to €11.9M from €5.7M at year-end 2025.

• Market capitalization at June 2026 was €449.1M, up 16% from December 2025.

Outlook and guidance

• Strategic plan focuses on growth of current businesses, selective acquisitions, and multi-year international client programs.

• Ongoing negotiations for multi-year contracts and further acquisitions are expected to drive additional growth, especially from 2027 onward.

• The group remains aligned with normalized 2026 targets, with further upside from new contracts not yet included.

• Strategic focus on expanding the American hub and consolidating the European hub with innovation and sustainability.

• Recent strategic partnership in Central America expected to enhance industrial capacity and scalability.