Cenergy H1 FY26 adjusted EBITDA climbs 26% to EUR 216 million; revenue rises 13% to EUR 1.15 billion

• Cenergy Holdings posted H1 2026 revenue of EUR 1.15 billion, up 13% year-on-year; profit after tax climbed 45% to EUR 138 million.
• Adjusted EBITDA rose 26% to EUR 216 million, with margin at 18.7% versus 16.7% in H1 2025.
• Order backlog hit about EUR 3.9 billion, lifted by a roughly EUR 1.15 billion IPTO framework award for Greek island interconnections.
• Net debt widened to EUR 433 million at June 30, 2026 from about EUR 200 million at end-2025, on capex of EUR 165 million.
• FY 2026 adjusted EBITDA guidance was raised to EUR 390-420 million; CEO Alexis Alexiou cited the Maryland land-cables plant and new UK steel pipe capacity.

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