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Akwel (AKW) investor relations material
Akwel Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated revenue for the first half of 2026 was €415.0 million, a decrease of 18.7% year-over-year.
Revenue declines were observed across all major business lines and geographic regions.
Financial highlights
First half 2026 revenue: €415.0 million, down 18.7% compared to H1 2025.
Net cash position at June 30, 2026: €98.1 million; adjusted net cash flow (including term deposits): €133.2 million.
Investment spending was €10.6 million, down from €17.5 million in H1 2025.
Outlook and guidance
Full-year 2026 consolidated revenue expected to decline by 12% to 15%.
- Q1 2026 revenue dropped 19.1% year-over-year, with full-year sales expected to decline 12–15%.AKW
Q1 2026 TU - Revenue and net income fell sharply in 2025, with further declines expected in 2026.AKW
H2 2025 - Revenue declined 5.1% in 2025, with a double-digit drop forecast for 2026.AKW
Q4 2025 TU - Revenue fell 3.6% in nine months; a double-digit decline is expected for 2026.AKW
Q3 2025 TU - Net income fell 32.9% to €13.6M as revenue dropped 3.4%, but operating margin improved.AKW
H1 2025 - Turnover fell 3.4% to €510.6M in H1 2025, with EMEA stable and America down 10.1%.AKW
H1 2025 TU - Revenue €528.8M, net income €20.2M, margins down, outlook cautious for full year.AKW
H1 2024 - Revenue down 5.2% year-over-year; full-year decline expected amid tough market and SCR phase-out.AKW
Q3 2024 TU - Revenue and profit declined, but cash flow and investments in future tech remained strong.AKW
H2 2024
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