Mevaco H1 profit after tax drops 79% to €1.59 million; revenue falls 64% to €17.66 million

Bitget2026/09/29 15:32

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Mevaco posted first-half 2026 revenue of EUR 17.66 million, down 64% from the year-earlier period.
Profit after tax fell 79% to EUR 1.59 million, while EBITDA slid 73% to EUR 2.76 million.
Gross profit dropped 72% to EUR 4.46 million, while revenue from services rose 50% to EUR 6.46 million.
Management attributed the revenue decline to easing demand for photovoltaic mounting structures after exceptionally strong 2024-2025 conditions.
Mevaco continued its investment plan, including a new industrial building for its defense systems division, and expects H2 2026 broadly in line with H1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mevaco SA published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

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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Mevaco H1 profit after tax drops 79% to €1.59 million; revenue falls 64% to €17.66 million

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