Powersoft (PWS) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached €46.3M, up 12.6% year-over-year, with net profit at €4.6M (+8.6%) and adjusted EBITDA at €12.1M (+5.2%).

• Growth was driven by full consolidation of K-array, strong international sales, and continued investment in R&D and innovation.

• The group demonstrated resilience amid macroeconomic, geopolitical, and trade uncertainties.

• Organizational structure strengthened, with headcount reaching 279 as of June 30, 2026.

• Optimism for the remainder of 2026 and into 2027, supported by robust business visibility and stable demand.

Financial highlights

• Adjusted EBITDA: €12.1M (+5.2% YoY, margin 27.4%); EBITDA: €12.0M (+17.8% YoY, margin 27.2%); EBIT: €9.0M (+16.4% YoY, margin 20.4%).

• Net profit: €4.6M (+8.6% YoY); EPS: €0.36 (basic), €0.35 (diluted).

• Net financial position at €-41.9M, reflecting dividend payments and K-array acquisition-related outflows.

• Consolidated equity at €37.3M, down from €42.6M in 2025, mainly due to €10M dividend distribution.

• Net working capital improved to €27.0M from €29.2M at year-end 2025.

Outlook and guidance

• Management expects continued growth in H2 2026 and into 2027, supported by innovation, new product launches, and robust demand in live events and installation segments.

• Visibility for the remainder of the year is positive, barring significant macroeconomic changes.