)
Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
From an 18th-century German shoemaker to a global footwear brand, how Birkenstock turned an orthopedic insole into the world's most popular sandal.
CIR
CIR (CIR) investor relations material
CIR H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary31 Jul, 2026
Executive summary
Consolidated revenues reached €913.5 million in H1 2026, up 1.7% year-over-year, with 68% generated abroad, driven by KOS's 4.3% growth and stable Sogefi performance.
Net profit rose to €18.6 million from €14.5 million in H1 2025, mainly due to improved operating results and the full consolidation of KOS.
Major strategic moves included the €220–221.4 million acquisition of the remaining 40.23% of KOS, making it wholly owned, and €25.4 million in share buybacks.
Sogefi completed the sale of its Precision Springs business for €21 million, with benefits to be realized in H2 2026.
Operating performance improved, supported by higher financial portfolio income.
Financial highlights
Group revenues reached €913.5 million in H1 2026, up from €898.4 million in H1 2025.
EBITDA increased to €142.1 million (15.6% margin), and EBIT to €57.5 million (6.3% margin), both stable or slightly improved year-over-year.
Net financial position shifted from +€220.4 million at Dec 2025 to -€24.7 million at June 2026, mainly due to the KOS acquisition and share buybacks.
Net debt including IFRS 16 rose to €790.1 million from €558.8 million at year-end 2025.
Free cash flow before IFRS 16 was €21.0 million, up from €12.6 million in H1 2025.
Outlook and guidance
KOS expects continued strong demand and improved profitability in Italy and Germany, with tariff increases in rehabilitation to impact from H2 2026 and full effect from 2027.
Sogefi anticipates a low single-digit revenue decline for 2026, with adjusted EBIT margin stable and cautious outlook due to global auto market uncertainty and raw material price volatility.
Group net income for 2026 is expected to exceed 2025 levels barring extraordinary events.
Occupancy rates in Italy are near capacity, while Germany has upside potential as some regions lag.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from CIR
- EBITDA and EBIT margins improved as KOS grew and Sogefi faced headwinds.CIR
H2 2025 - Operating margins improved, but net income fell as one-off gains were not repeated.CIRH1 2025
- Net profit soared to €114.3M in H1 2024, driven by asset sales and strong healthcare growth.CIRH1 2024
- Net income surged to €132.2M on asset sales and margin gains; share buybacks boosted equity.CIRH2 2024
Next CIR earnings date
H2 20268 Mar, 2027
CIR
Next CIR earnings date
H2 20268 Mar, 2027
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage