Alumexx (ALX) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 was €21.0 million, slightly down from €21.5 million in H1 2025, reflecting resilience amid geopolitical tensions and raw material price volatility.

• Operating profit increased to €710 thousand from €685 thousand year-over-year, with EBITDA stable at €2.4 million.

• Strong cash position, with cash and cash equivalents rising by €1.4 million in H1 2026 versus €0.1 million in H1 2025.

• Strategic investments in commercial organization, e-commerce, and AI are beginning to yield results, including new customers and higher export volumes.

• Acquisition of FlexTable BV, including a unique patent, broadens product offerings and innovation potential.

Financial highlights

• Revenue: €21.0 million (H1 2026) vs. €21.5 million (H1 2025).

• Operating profit: €710 thousand (H1 2026) vs. €685 thousand (H1 2025).

• EBITDA: €2.4 million, stable year-over-year.

• Net loss: €366 thousand, unchanged from H1 2025.

• Cash and cash equivalents: €3.5 million at 30 June 2026, up from €2.1 million at year-end 2025.

Outlook and guidance

• Solid order pipeline and sustained demand expected for H2 2026, especially in defense, rental, and export markets.

• Special Products division shows strong growth, focusing on higher-margin customized solutions.

• Continued positive trends anticipated in DIY and export markets, particularly in Northern and Eastern Europe.

• New automated ladder production line to be operational in Q4 2026, supporting innovation and efficiency.