Akwel net profit drops 23% to EUR 10.49 million in H1 2026; sales fall 19% to EUR 414.94 million

Bitget2026/09/30 18:15

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Akwel posted first-half net income of EUR 10.49 million, down 23% year on year, while net sales fell 19% to EUR 414.94 million.
Current operating result slipped 35% to EUR 17.97 million, and earnings per share declined 22% to EUR 0.40.
Management said net sales fell after production of serial SCR tanks stopped, while currency movements weighed on the Americas perimeter.
The group continued cost-cutting and headcount-reduction plans, launched a new collective voluntary-departure plan in France, and announced Varberg’s production transfer and closure.
It reiterated expectations for a 12%-15% full-year 2026 net sales decline and said it bought land in Casablanca to build a new plant.

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. Akwel SA published the original content used to generate this news brief on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Akwel net profit drops 23% to EUR 10.49 million in H1 2026; sales fall 19% to EUR 414.94 million

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