Earnings call transcript: Semperit posts strong H1 2026 gains, lifts outlook

Semperit announced impressive first-half 2026 results, with revenue climbing 11% to EUR 356 million and EBITDA more than doubling to EUR 67 million. The company reported a profit after tax of EUR 28.6 million, marking a significant turnaround from a loss of EUR 11.2 million the previous year. Shares rose 2.33% to $15.4 in pre-market trading, nearing the stock's 52-week high of $15.8.

The improved earnings were attributed to a leaner cost base, stronger operating leverage, higher volumes, pricing actions and efficiency measures. Both Semperit Industrial Applications and Semperit Engineered Applications contributed to the better performance, with the former seeing a 12% revenue increase and the latter a 10.4% rise.

Despite mixed demand in some cyclical sectors, other divisions like mining, mineral processing, beverage applications and medical products performed well. The company's full-year 2026 guidance now anticipates about EUR 100 million in operating EBITDA, up from earlier expectations, with revenue still expected to grow in the single-digit percentage range.

Management expects the second half to be more challenging due to delayed effects of higher raw material costs, maintenance standstills and macroeconomic uncertainty.