GEK Terna stock reports profit growth at EUR 44.19, plus 0.41 percent

Published on 09/30/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GEK Terna stock drew a EUR 60.00 NBG Securities target on September 15, 2026. First-half adjusted net profit rose 22.10 percent to EUR 83.4 million.

GEK Terna, GRS145003000, Illustration mit AI erstellt.

GEK Terna (ISIN GRS145003000) was trading at EUR 44.19 at Lang & Schwarz on September 30, 2026 at 8:33 p.m. CEST, plus 0.41 percent versus the EUR 44.01 prior close. The infrastructure group has paired its latest results with fresh analyst coverage and a larger project backlog.

Profit growth reaches 22.10 percent

According to GEK TERNA on September 15, 2026, first-half revenue reached EUR 2.1 billion, while adjusted EBITDA increased 12.20 percent to EUR 356.3 million. The adjusted EBITDA margin rose to 17.00 percent from 16.20 percent in the prior-year period.

Adjusted net profit attributable to shareholders climbed 22.10 percent to EUR 83.4 million. Profit before tax reached EUR 94.7 million, compared with EUR 87.6 million in the comparable period, a EUR 7.1 million increase.

Concessions lead the earnings mix

The concessions segment was the main operating driver, with revenue up 32.30 percent and operating profitability up 35.20 percent in the first half. The segment contributed 63.00 percent of total adjusted EBITDA, giving the group a more visible earnings base as infrastructure assets mature.

The construction division also delivered measurable expansion, with revenue up 10.90 percent and operating profitability up 32.70 percent. Signed backlog stood at EUR 6.9 billion on June 30, 2026, while projects pending signature added EUR 2.0 billion, taking total backlog to EUR 8.9 billion.

Analyst target reaches EUR 60.00

According to OT on September 15, 2026, NBG Securities began coverage with an Outperform rating and a EUR 60.00 price target. The report also cited EUR 694 million of road public-private partnership projects for which GEK Terna became preferred bidder on September 3, 2026.

At EUR 44.19, the Lang & Schwarz quote is EUR 15.81 below that target. The comparison puts the analyst view in direct contrast with the modest intraday change, making backlog conversion and concession cash flow the key operating metrics.

Stock remains below yearly high

GEK Terna was trading at EUR 44.19 at Lang & Schwarz on September 30, 2026 at 8:33 p.m. CEST, plus 0.41 percent versus the EUR 44.01 prior close. Its 52-week range was EUR 21.66 to EUR 48.32, while market capitalization stood at EUR 4.5 billion on the same date.