Ignitis H1 2026 slides: EBITDA rises but profit falls 21%
Lithuanian energy firm Ignitis Group delivered mixed first-half 2026 results on August 12, with adjusted EBITDA up 1.9% to €306.6 million, yet adjusted net profit down 20.8% to €115.8 million. The earnings decline was attributed to higher depreciation costs and reduced financial activity. Despite the profit dip, the company kept its H1 2026 guidance and confirmed all key projects are on schedule and within budget. Shares dropped 7.04%, closing at $0.66, near the bottom of its 52-week trading range of $0.59 to $1.60.
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