Quality & Reliability, GRS396003006

QnR targets over EUR 50.00 million: Quality & Reliability stock sits 20.03 percent below high

Published on 10/20/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
First-half revenue was EUR 13.90 million, up 60.80 percent. Quality & Reliability stock costs EUR 1.18 on October 20, 2026, 20.03 percent below the 52-week high.

Growth figures and market context

  • First-half revenue rose 60.80 percent on September 26, 2026.
  • Group EBITDA reached EUR 3.16 million in the first half of 2026.
  • Quality & Reliability stock trades at EUR 1.18 at 1:20 p.m. CEST at Lang & Schwarz on October 20, 2026.
  • Market capitalization stood at EUR 33.2 million on October 15, 2026.
Quality & Reliability, GRS396003006, Illustration mit AI erstellt.

Quality & Reliability (GRS396003006) was trading at EUR 1.18 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST. A September 26, 2026 report by Euro2day described the group's goal of generating more than EUR 50.00 million in revenue by 2030.

Growth plan points to scale

The target follows first-half 2026 group revenue of EUR 13.90 million, up 60.80 percent from the same period of 2025, according to Euro2day. Group EBITDA reached EUR 3.16 million, up 52.00 percent, while adjusted EBITDA rose 71.00 percent to EUR 3.56 million in the first half of 2026.

Three milestones show expansion

On February 13, 2026, Quality & Reliability completed the purchase of 51.00 percent of MTIS, according to Powergame. On July 7, 2026, the group acquired 51.00 percent of Poland-based EXIM-IT for a fixed EUR 2.60 million, the same report said. On September 23, 2026, the company published first-half results showing revenue of EUR 13.90 million, according to Euro2day.

What does the 2030 plan mean for margins?

The growth plan targets an EBITDA margin of 23.00 percent by 2030, according to Euro2day. The group's reported EBITDA margin was 22.70 percent in the first half of 2026, giving investors a direct measure against the longer-term objective.

Stock valuation remains measured

Quality & Reliability had a market capitalization of EUR 33.2 million on October 15, 2026. Its 52-week range was EUR 1.00 to EUR 1.48 on that date, leaving the Lang & Schwarz price 20.03 percent below the high.

Quality & Reliability was trading at EUR 1.18 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Quality & Reliability stock.

Quality & Reliability at a glance

  • Company: Quality & Reliability S.A.
  • ISIN: GRS396003006
  • Ticker: QUAL
  • Primary exchange: Athens Stock Exchange
  • Price Lang & Schwarz (as of October 20, 2026, 1:20 p.m. CEST): EUR 1.18
  • Market capitalization: EUR 33.2 million (as of October 15, 2026)
  • 52-week range: EUR 1.00-1.48 (as of October 15, 2026)
  • Sector / Industry: Technology / Software - Application

Market context: Market report Euro Stoxx 50.

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