GEL net profit more than triples to Euro 421,000 in 1H26; revenue rises 7% to Euro 8.33 million
Bitget2026/09/29 16:04- GEL reported 1H2026 revenue up 7% to Euro 8.33 million.
- EBITDA rose to Euro 1.2 million and the EBITDA margin widened to 14.4% from 9.2% a year earlier.
- Net income climbed to Euro 421,000, while net financial position increased to Euro 4.46 million from Euro 2.45 million at FY2025.
- Management cited higher operating leverage from revenue growth, while noting a still-unfavorable macro backdrop and persistent inflation pressures.
- Shareholders approved an extraordinary dividend of Euro 0.22 gross per share on Aug. 3, 2026.
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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