ALTEO closes EUR bond issue as Alteo stock trades at EUR 10.58

Published on 10/12/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 32.00 percent to HUF 72.00 billion in the first half. Alteo stock costs EUR 10.58 on October 12, 2026, with EBITDA at HUF 8.40 billion.

Key points in brief

ALTEO closed its ALTEO 2033/I EUR bond issuance on October 6, 2026.
First-half revenue rose 32.00 percent to HUF 72.00 billion, while EBITDA increased 7.00 percent to HUF 8.40 billion.
Alteo stock traded at EUR 10.58 at Lang & Schwarz on October 12, 2026.
A planned MOL-related ownership transaction was terminated on October 1, 2026.

Alteo, HU0000155726, Illustration mit AI erstellt.

ALTEO Energy Services Public Limited Company (HU0000155726) had closed its ALTEO 2033/I EUR bond issuance on October 6, 2026, while Alteo stock was trading at EUR 10.58 at Lang & Schwarz on October 12, 2026 at 10:11 a.m. CEST. The bond transaction is part of the company’s 2026/2027 bond program, according to ALTEO Investors.

Three recent corporate milestones

On September 30, 2026, ALTEO announced a quota sale and purchase agreement with MOL Solar Energy Holding Kft. The company also published information on the transaction’s ownership implications, while a separate report said the planned deal involved a 15.38 percent stake in Alteo and could have lifted MOL’s holding to 39.97 percent.

On October 1, 2026, the Budapest Stock Exchange published MOL’s termination notice for the Alteo-Waberer’s share transaction. The termination followed the failure to obtain all required regulatory approvals by the contractual deadline, as shown by the Budapest Stock Exchange.

On October 6, 2026, ALTEO reported the successful closing of its EUR bond issuance. The financing milestone was followed by a company announcement on October 9, 2026, concerning loan prepayment using bond proceeds.

What did the first half deliver?

ALTEO’s first-half revenue rose 32.00 percent year over year to HUF 72.00 billion, while EBITDA increased 7.00 percent to HUF 8.40 billion. Consolidated net profit fell to HUF 55.00 million from HUF 2.80 billion in the comparable period, according to Privatbankar. The contrast between higher operating earnings and lower net profit makes financing costs, tax effects and one-off items important questions for the next report.

Trading follows the financing news

At EUR 10.58, the Lang & Schwarz quote gives the market a current reference point after the bond closing and the ownership transaction developments. The company is listed on the Budapest Stock Exchange under the ALTEO ticker and operates in the utilities sector.

Alteo stock was trading at EUR 10.58 at Lang & Schwarz on October 12, 2026 at 10:11 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Alteo stock.