Viafin Service (VIAFIN) Q2 2026 earnings summary

Executive summary

• EBIT for H1 2026 rose 22.0% year-over-year to €2.8 million, with relative profitability improving for the fourth consecutive year.

• Revenue for H1 2026 was €49.6 million, down 1.0% year-over-year, with 90% from maintenance and 10% from project business.

• Cash flow before financing and taxes reached €3.3 million, and cash conversion over the last 12 months was 117.6%.

• Dividend of €0.75 per share was paid for FY 2025.

Financial highlights

• Q2 2026 revenue was €28.8 million, down 3.2% year-over-year; EBITDA rose 15.3% to €2.4 million; EBIT up 21.3% to €2.0 million.

• H1 2026 EBITDA was €3.7 million (+14.3% y/y); EBIT €2.8 million (+22.0% y/y); net income €2.3 million.

• Cash and cash equivalents at period end were €9.0 million (€2.58/share).

• Equity ratio improved to 51.0% from 44.7% a year earlier.

Outlook and guidance

• FY 2026 revenue expected at €90–100 million; EBIT guidance unchanged at €5.8–7.4 million.

• Company targets 8% EBIT margin, >100% annual cash conversion, and 10% average annual revenue growth.