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Foamit H1 IFRS operating income turns positive at EUR 209,000; revenue rises 13.5% to EUR 21.2 million

Foamit H1 IFRS operating income turns positive at EUR 209,000; revenue rises 13.5% to EUR 21.2 million

ReutersReuters2026/08/25 07:20
  • Foamit reported H1 2026 revenue of EUR 21.2 million, up about 14% year-on-year; EBITDA rose about 20% to EUR 2.5 million.
  • Operating profit swung to EUR 209,000 from an operating loss; pretax profit swung to EUR 19,000 from a pretax loss.
  • Net loss narrowed to EUR 191,000; earnings per share was EUR -0.01.
  • Order book increased to EUR 24.6 million; cash and cash equivalents fell to EUR 10.8 million.
  • Export deliveries to Belgium began in June; CEO Erja Sankari said growth and international expansion projects advanced well.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foamit Oyj published the original content used to generate this news brief via Cision (Ref. ID: 202608250320BITN____UKPR__FI_20260825-BIT-1604-0) on August 25, 2026, and is solely responsible for the information contained therein.

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