Altri reports first-half profit drop. Altri stock sits 20.59 percent below its high

Published on 10/09/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached EUR 364.70 million in the first half of 2026. Altri stock costs EUR 4.28 on October 9, 2026 versus EUR 4.29.

Key points in brief

Altri reported first-half 2026 net income of EUR 5.60 million, down 60.30 percent year over year.
Revenue reached EUR 364.70 million in the first half of 2026, down 2.20 percent.
Altri stock was trading at EUR 4.28 at Lang & Schwarz on October 9, 2026, down 0.23 percent versus EUR 4.29.
Third-quarter 2026 results are scheduled for November 19, 2026.

Altri, PTALT0AE0002, Illustration mit AI erstellt.

Altri (PTALT0AE0002) was trading at EUR 4.28 at Lang & Schwarz on October 9, 2026 at 2:08 p.m. CEST, down 0.23 percent versus EUR 4.29. The company reported first-half 2026 net income of EUR 5.60 million, down 60.30 percent from EUR 14.00 million a year earlier, according to Ideal Investisseur on October 1, 2026. The result puts operating disruption, debt and pulp pricing at the center of the stock story.

First-half figures weaken

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

The publication attributed the weaker result to storms in Portugal early in 2026, which caused logistical disruption, additional costs and lower energy production. Pulp production fell 7.30 percent to 496,500 tonnes, although total sales rose 2.10 percent to 545,400 tonnes in the same period.

What does the storm damage mean?

The comparison between revenue and profit is the key signal: revenue fell 2.20 percent, but net income fell 60.30 percent. Net debt reached EUR 397.90 million at the end of June 2026, up from EUR 329.00 million at the end of December 2025, after a EUR 51.30 million dividend distribution and higher investment, according to Ideal Investisseur. The net debt to twelve-month EBITDA ratio stood at 5.50 times.

The operating picture is not uniform. Dissolving pulp sales increased 26.60 percent to 83,900 tonnes as Altri continued converting the Biotek unit for textile-related production, while European BHKP pulp prices reached USD 1,409 per tonne at the end of June 2026.

Third-quarter results are dated

Altri's next scheduled reporting event is its third-quarter 2026 results on November 19, 2026, according to the company's investor calendar at Altri. That date gives investors a defined checkpoint for testing whether the second-quarter recovery continued into the second half.

Altri stock stays near yearly low

At EUR 4.28, the Lang & Schwarz quote was 20.59 percent below the EUR 5.39 52-week high and 1.42 percent above the EUR 4.22 low on October 9, 2026. The finance quote showed a market capitalization of EUR 875.9 million and 78,529 shares traded at 1:52 p.m. CEST on the same date.

Altri trades on Euronext Lisbon under ticker ALTR.LS and belongs to the Basic Materials sector, with paper, lumber and forest products as its industry. The company produces bleached eucalyptus pulp and also manages timber, forests and biomass-related energy activities. The further course of trading is shown by the continuously updated real-time quote of Altri stock.