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30.07.26 - 07:03
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Azelis: H1 2026 Results: Return to Organic Growth (Business Wire)
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ANTWERP, Belgium--(BUSINESS WIRE)--Regulatory News:
Azelis Group NV (Brussels:AZE):
Highlights H1 2026
Revenue of EUR 2.2bn, representing a 3.2% increase in constant currency, reflecting organic growth of 0.3% and a 2.9% growth contribution from acquisitions. In Q2, revenue increased by 6.3% in constant currency to EUR 1.1bn, driven by a return to organic growth (+3.9% year-on-year) following four quarters of decline, as well as a 2.4% growth contribution from acquisitions.
Gross profit of EUR 524m resulting in gross profit margin of 24.2%. The 28bp expansion (in constant currency) reflects the positive pricing momentum across some end markets and are supported by a favourable inventory position, offsetting the mix effect from higher growth contribution from Asia Pacific.
Adjusted EBITA of EUR 233m, corresponding to an adjusted EBITA margin of 10.7%, with the positive pricing dynamics offsetting most of the impact of general cost inflation.
Net profit increased to EUR 86m, resulting in cash earnings per s...
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