Oeneo (SBT) Q2 26/27 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 26/27 TU earnings summary
3 Nov, 2026Executive summary
H1 turnover €133.1m, down 5.1% reported and 7.2% at constant scope and exchange rates; persistent wine and spirits market challenges weighed on activity.
Acquisitions Altasur and Lamouroux added €3.0m of turnover in H1; recurring operating profitability is expected to be slightly above 11.0%, versus 14.0% a year earlier.
Financial highlights
Q2 turnover €66.7m, down 5.3% reported and 9.6% at constant scope and exchange rates.
H1 turnover was €133.1m versus €140.3m in H1 2025-2026; Closures generated €102.1m and Winemaking €31.0m.
Outlook and guidance
Recurring operating profitability expected to be slightly above 11.0% for H1, compared with 14.0% in the prior-year period, as Winemaking's lower activity weighs on results.
With no clear outlook for market recovery, focus remains on cost optimization, innovation and rigorous cash management.
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