ETS increased revenue in the first half of 2026, but faster cost growth reduced EBITDA and net profit. The balance sheet remained solid, with adjusted cash surplus of €5.79 million after €2.31 million of dividends.
Key figures
- Revenue: €7.44m, +15.5%
- Production value: €7.76m, +19.7%
- EBITDA: €1.45m, from €1.61m; margin 18.7%
- EBIT: €1.21m, from €1.54m
- Net profit: €0.79m, from €1.08m
- Adjusted cash surplus: €5.79m
Operating costs rose 29.6%, partly reflecting staff investment to support expected growth. After the period, ETS acquired 51% of ST, a company specialising in structural design and seismic upgrading.
The company
ETS Engineering and Technical Services is an Euronext Growth Milan-listed engineering company serving infrastructure, healthcare, residential and mission-critical projects.
Primary source: ETS release dated 29 September 2026.