SCR-Sibelco (094426466) H1 2026 earnings summary

Executive summary

• Delivered resilient H1 2026 results amid challenging geopolitical and macroeconomic conditions, with revenue and EBITDA in line with expectations.

• Focused on cost management, operational improvements, and disciplined capital allocation, supporting cash generation and long-term value creation.

• Embedded Build 2030 strategy across the organization, prioritizing sustainable growth.

Financial highlights

• Revenue for H1 2026 was €1,088 million, down 5.6% year-over-year, mainly due to a strong prior-year HPQ PV market.

• EBITDA reached €220 million (20.2% margin), down 5.4% year-over-year.

• EBIT was €121 million, a 17.5% decrease from H1 2025.

• Net profit for the period was €65.7 million, compared to €77.1 million in H1 2025.

• Adjusted free operating cash flow improved to €-29 million from €-121 million year-over-year.

Outlook and guidance

• Financial performance for full-year 2026 expected to be resilient and broadly in line with 2025.

• Continued focus on operational excellence, cost control, and selective investments aligned with Build 2030 priorities.

• Priority remains maintaining a solid financial position to support investment grade rating and long-term development.