Quality & Reliability reported 60.80 percent growth: Quality & Reliability stock falls 4.00 percent

Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half EBITDA reached EUR 3.16 million, up 52.00 percent year over year. Quality & Reliability stock costs EUR 1.20 on October 8, 2026 after EUR 1.25.

Quality & Reliability, GRS396003006, Illustration mit AI erstellt.

Quality & Reliability (ISIN GRS396003006) was trading at EUR 1.20 at Lang & Schwarz on October 8, 2026 at 2:48 p.m. CEST, down 4.00 percent versus EUR 1.25, while first-half 2026 revenue reached EUR 13.90 million, up 60.80 percent year over year. Euro2day reported the results on September 23, 2026.

Three milestones changed the scale

On January 15, 2026, Quality & Reliability completed an EUR 8.80 million capital increase, according to MarketScreener. The transaction followed the company's expansion program and strengthened the balance sheet.

On February 13, 2026, the group completed the acquisition of 51.00 percent of MTIS for consideration of up to EUR 2.97 million, as Euro2day reported. MTIS added maritime intelligence, Internet of Things and dual-use technology activities.

On September 23, 2026, the company reported first-half revenue of EUR 13.90 million, compared with EUR 8.65 million in the first half of 2025. The latest result is therefore a quantified comparison rather than a purely narrative growth claim.

What does the profit growth mean?

Reported EBITDA rose to EUR 3.16 million in the first half of 2026, up 52.00 percent, with a 22.70 percent margin. Adjusted EBITDA, which excludes EUR 0.36 million of non-recurring acquisition costs and EUR 0.04 million of impairment losses, reached EUR 3.56 million, up 71.00 percent, with a 25.60 percent margin versus 24.00 percent in the first half of 2025, according to Euro2day.

Net income after tax increased to EUR 2.17 million from EUR 0.75 million in the prior-year period. The figure includes EUR 0.13 million of net tax income, so the comparison reflects both operating progress and a favorable tax effect.

The group also reported equity of EUR 14.74 million at June 30, 2026, versus EUR 6.74 million at December 31, 2025, while net debt fell to EUR 1.45 million from EUR 2.28 million. Existing contracts carried an unexecuted balance of EUR 17.30 million at June 30, 2026.

Integration sets the next milestone

EXIM-IT was acquired on July 7, 2026 for a fixed EUR 2.60 million plus contingent consideration of up to EUR 4.30 million tied to future profitability. The company said EXIM-IT will be consolidated from the second half of 2026, adding ServiceNow capabilities and an international growth base in Poland.

For investors, the key tension is visible in the numbers: revenue rose 60.80 percent, while the reported EBITDA margin of 22.70 percent remained below the adjusted 25.60 percent margin because of acquisition-related costs. The balance between integration spending, recurring revenue and the EUR 17.30 million contract balance will shape the next operating comparison.

Stock reflects a sharp daily reset

Quality & Reliability stock was trading at EUR 1.20 at Lang & Schwarz on October 8, 2026 at 2:48 p.m. CEST, down 4.00 percent versus the Lang & Schwarz prior close of EUR 1.25 on October 7, 2026. Quality & Reliability S.A. is listed on the Athens Stock Exchange and provides digital transformation and integrated IT solutions.

The further course of trading is shown by the continuously updated real-time quote of Quality & Reliability stock.