FAE Technology H1 net profit rises to EUR 0.6 million; revenue climbs 21% vs H1 2025 to EUR 39.5 million
Bitget2026/09/29 06:32- FAE Technology reported H1 2026 revenue up 21% to EUR 39.5 million.
- Value of production rose 31% to EUR 42.3 million, while EBITDA increased 21% to EUR 2.6 million.
- Net result climbed to EUR 0.6 million; net financial debt widened to EUR 13.5 million from EUR 3.5 million at end-2025.
- It booked EUR 6 million of additional telecom orders, taking the total order value in the relationship to about EUR 11 million.
- Management expects H2 volumes broadly in line with H1 and sees profitability improving from a more favorable mix and efficiency gains.
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.
You may also like
Production Increase Falls Short, Layoffs First! Boeing (BA.US) Cuts 5% of Commercial Airplane Jobs, Delays 737 Monthly Production Target of 47 Aircraft to 2027
Stephanie Pope, head of Boeing's commercial airplanes division, informed employees in an internal memo on Monday that due to obstacles in increasing aircraft production, the division plans to cut 5% of its workforce.
After acquiring SpotHero, Uber (UBER.US) makes its debut in the parking sector with a parking space reservation feature, initially available in 15 U.S. cities
Uber has launched a brand new parking space reservation feature, which marks its first step in the parking sector following its acquisition of the parking app SpotHero earlier this year.