Altri reports 60.30 percent profit drop as Altri stock falls 2.92 percent

Published on 10/07/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income reached EUR 5.60 million after EUR 14.00 million. Altri stock stood at EUR 4.32 on October 7, 2026 versus EUR 4.45.

Altri, PTALT0AE0002, Illustration mit AI erstellt.

Altri (PTALT0AE0002) reported first-half net profit of EUR 5.60 million, down 60.30 percent from EUR 14.00 million a year earlier, while Altri stock fell 2.92 percent. Ideal Investisseur reported the figures on October 1, 2026, citing storms in Portugal and a second-quarter operational recovery.

Storm damage cut first-half earnings

Revenue for the first half of 2026 reached EUR 364.70 million, down 2.20 percent from EUR 373.00 million in the first half of 2025. EBITDA fell 38.50 percent to EUR 35.50 million, reducing the EBITDA margin to 9.70 percent from 15.50 percent, according to Ideal Investisseur.

The operating setback was concentrated in production and logistics. Pulp production reached 496,500 tonnes in the first half, down 7.30 percent year over year, while sales increased 2.10 percent to 545,400 tonnes, showing that demand exceeded the group's output during the period.

Dissolving pulp shows a brighter mix

Dissolving pulp sales rose 26.60 percent to 83,900 tonnes in the first half of 2026, supported by the conversion of Altri's Biotek unit and new customer sales. That mix shift matters because dissolving pulp serves textile applications, giving Altri a growth channel alongside its more pressured paper pulp operations.

Balance-sheet pressure adds a counterweight. Net debt was EUR 397.90 million at the end of June 2026, up from EUR 329.00 million at the end of December 2025, while net debt reached 5.50 times twelve-month EBITDA, according to Ideal Investisseur. The increase reflected a EUR 51.30 million dividend distribution and higher investment spending.

Next results date is November 19

Altri plans to complete two diversification projects in 2026, including the Biotek conversion and the Caima acetic acid and furfural recovery project. The company's investor calendar lists November 19, 2026, for third-quarter 2026 results, giving investors a dated checkpoint for whether the operational recovery can offset the first-half storm impact.

Altri stock trades below prior close

Altri stock was trading at EUR 4.32 at Lang & Schwarz on October 7, 2026 at 2:10 p.m. CEST, down 2.92 percent versus the Lang & Schwarz prior close of EUR 4.45 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Altri stock.