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Claranova
Claranova (CLA) investor relations material
Claranova H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 TU earnings summary11 Feb, 2026
Executive summary
H1 2025-2026 revenue reached €49m, down 9% year-over-year at constant scope and exchange rates, with a 19% decline at actual rates due to currency and scope effects.
95% of revenue was generated by core businesses, with a strategic focus on the Document (PDF) segment.
Document segment sales grew 6% year-over-year, driven by B2B growth and increased marketing investment.
B2B sales rose 18%, now representing 6% of group revenue, up from 4.5% at the end of FY 2024-2025.
Financial highlights
Group revenue declined 9% year-over-year at constant scope and exchange rates, and 19% at actual rates.
Core business revenue fell 10% year-over-year at constant scope and exchange rates.
Utilities & Security segment sales dropped 16%, and Photo segment revenue declined 24%, both due to reduced marketing investment.
Non-core businesses and discontinued operations revenue fell 46% year-over-year.
Outlook and guidance
H1 EBITDA margin is expected to be slightly above 20%.
Marketing investments in Document segment and product development are expected to drive further growth and retention in H2 2025-2026.
Recurring revenue share increased to 80% at the end of H1 2025-2026, up from 75% six months earlier.
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Next Claranova earnings date
H1 202625 Mar, 2026
Claranova
Next Claranova earnings date
H1 202625 Mar, 2026
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Frequently asked questions
Claranova SE is a technology company focused on developing and providing software solutions in various sectors. The company operates primarily through three business segments: PlanetArt, Avanquest, and myDevices. PlanetArt offers personalized digital photo products, enabling customers to create customized items such as photo books and gifts. Avanquest provides a range of software products, including PDF solutions, security, and utilities for both consumers and small businesses. myDevices specializes in the Internet of Things (IoT), offering a platform that enables businesses to deploy and manage IoT solutions easily. Claranova SE serves customers globally across these diverse sectors, leveraging its expertise in digital services and software development. The company is headquartered in La Garenne-Colombes, France, and its shares are listed on the Euronext Paris.
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