Altri reports 60.30 percent lower profit. Altri stock sits 19.85 percent below its high

Altri (ISIN PTALT0AE0002) was trading at EUR 4.32 at Lang & Schwarz on October 16, 2026 at 9:13 a.m. CEST. The Portuguese pulp producer's first-half 2026 earnings showed a sharp decline, with net profit attributable to shareholders down 60.30 percent to EUR 5.60 million, according to Ideal Investor on October 1, 2026.

First-half revenue slipped 2.20 percent

Altri reported revenue of EUR 364.70 million for the first half of 2026, down from EUR 373.00 million in the same period of 2025. The cellulosic fibers segment generated EUR 292.10 million, down 4.10 percent, while other activities rose 6.40 percent to EUR 72.70 million, the report summarized by Ideal Investor said.

EBITDA fell 38.50 percent year on year to EUR 35.50 million, reducing the EBITDA margin to 9.70 percent from 15.50 percent. EBIT declined to EUR 12.20 million from EUR 35.00 million, while the company attributed the pressure to storms in Portugal early in 2026 and said second-quarter operations recovered as pulp prices increased.

What does the 9.70 percent margin show?

The margin figure points to operating pressure despite stronger pricing. Pulp production reached 496,500 tonnes in the first half, down 7.30 percent, while sales rose 2.10 percent to 545,400 tonnes. Dissolving pulp sales increased 26.60 percent to 83,900 tonnes as the Biotek conversion supported textile-related demand, according to Ideal Investor.

Balance-sheet pressure also increased. Net debt stood at EUR 397.90 million at the end of June 2026, versus EUR 329.00 million at the end of 2025, and the net debt to twelve-month EBITDA ratio reached 5.50 times. The company also described the Caima recovery project as being in its start-up phase, with full ramp-up expected by the end of 2026.

Next results date is November 19

Altri's investor-relations page lists November 19, 2026 as the date for its third-quarter 2026 results, giving the market a clear next reporting point. The page also identifies Euronext Lisbon as the venue for the company's shares.

Stock stays below its yearly high

The current euro quotation sits below the 52-week high of EUR 5.39 and above the 52-week low of EUR 4.21. Market capitalization stood at EUR 884.1 million as of October 16, 2026.

Altri was trading at EUR 4.32 at Lang & Schwarz on October 16, 2026 at 9:13 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Altri stock.

Market context: Market report PSI 20.

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