Altri stock falls 2.13 percent after weak half-year results

Published on 10/07/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Altri stock was trading at EUR 4.38 on October 7, 2026, as first-half profit fell 60.3 percent to EUR 5.6 million. Revenue slipped 2.2 percent, while third-quarter results are scheduled for November 19.

Altri, PTALT0AE0002, Illustration mit AI erstellt.

Altri stock was trading at EUR 4.38 on Euronext Lisbon on October 7, 2026, down 2.13 percent from the prior close. The move followed first-half results showing a sharp profit decline after storms disrupted operations in Portugal.

Profit falls after storm disruption

According to Ideal Investisseur on October 1, 2026, Altri reported first-half revenue of EUR 364.7 million, down 2.2 percent from EUR 373.0 million in the first half of 2025. EBITDA fell 38.5 percent year over year to EUR 35.5 million, reducing the EBITDA margin to 9.7 percent from 15.5 percent.

The earnings pressure reached the bottom line. Net profit attributable to shareholders dropped 60.3 percent to EUR 5.6 million from EUR 14.0 million, while EBIT fell to EUR 12.2 million from EUR 35.0 million in the comparable period.

Pulp volumes point to recovery

The operating picture was uneven rather than uniformly weak. Production reached 496.5 thousand tonnes in the first half, down 7.3 percent, but sales rose 2.1 percent to 545.4 thousand tonnes as the company sold more than it produced.

Dissolving pulp sales increased 26.6 percent to 83.9 thousand tonnes, supported by the conversion of the Biotek unit for textile-sector applications. The same report said the European BHKP pulp price reached USD 1,409 per tonne at the end of June, compared with USD 1,100 per tonne at the end of 2025, giving Altri a firmer pricing backdrop for the second quarter.

Debt and upcoming results matter

Net debt stood at EUR 397.9 million at the end of June 2026, up from EUR 329.0 million at the end of December 2025. The increase reflected a EUR 51.3 million dividend distribution and higher investment spending, leaving net debt at 5.5 times twelve-month EBITDA.

Altri is continuing the Biotek conversion and the Caima recovery project, while a pre-industrial AeoniQ filament unit is scheduled to begin production in the fourth quarter of 2026, according to Ideal Investisseur. The next quantified checkpoint is the third-quarter report listed for November 19, 2026, on Altri's investor calendar.

Altri stock trades below yearly high

At EUR 4.38 on October 7, 2026, Altri stock was 18.74 percent below its 52-week high of EUR 5.39 and 3.30 percent above its 52-week low of EUR 4.24. The market capitalization was EUR 897.5 million, with volume at 217,300 shares.