Planetel closed the first half of 2026 with higher revenue and a sharp improvement in bottom-line profitability. Production value rose to €21.7 million, while core turnover reached €20.4 million, both up 5% year on year. Recurring revenue accounted for about 90% of the total.
Key figures
- Production value: €21.7m, +5%
- Core turnover: €20.4m, +5%
- EBITDA: €4.9m, +8%; margin 23%
- EBIT: €1.3m, +53%
- Net profit: €0.6m, +101%
- Net financial position: €17.9m net debt, stable versus end-2025
The customer base reached 57,600 and the fibre network extended to 3,569 kilometres across 320 municipalities. Planetel invested €4.3 million in the period, including €0.8 million in FTTH infrastructure and €2.5 million in its Padua data centre.
The company also acquired the Ora-0 business for €367,000. After the reporting date it bought GO Internet B2C operations for €280,000, covering 4,579 customers and historical turnover and EBITDA of €1.15 million and €387,000 respectively, as disclosed by Planetel.
The company
Planetel is an Euronext Growth Milan-listed telecommunications operator providing connectivity, cloud, data-centre and digital services to businesses and households.
Primary source: Planetel release dated 29 September 2026.