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

By Public Technologies
  • 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.


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