AS COMPANY S.A. AS Company S.A. - Announcement of Financial Results for H1 2026
23 September 2026
AS Company S.A. announced the Group's financial results for the period 1 January -30 June 2026.
During the period 1.1.2026 - 30.6.2026, the Group maintained its positive growth, while at the same time showing significant improvement in operating profitability, margins, and operating cash flows.
Key Consolidated Financial Figures H1 2026€ | 30/06/2026 | 30/06/2025 | % |
Sales Turnover | 15.953.455 | 15.311.651 | +4,19% |
Gross Margin | 52,21% | 48,32% | |
EBITDA | 3.167.288 | 2.476.719 | +27,88% |
Profit Before Tax | 3.116.336 | 1.832.936 | +70,02% |
Profit After Tax | 2.352.417 | 1.424.935 | +65,09% |
Sales Turnover amounted to €15.95 million, compared to €15.31 million in the first half of 2025, recording an increase of 4.19%.
The gross margin stood at 52.21%, compared to 48.32% in the corresponding period last year, showing an improvement of 3.89 percentage points.
EBITDA amounted to €3.17 million, compared to €2.48 million in the first half of 2025, recording an increase of 27.88%.
The EBITDA margin stood at 19.85%, compared to 16.18% in the corresponding period of 2025.
Profit before tax amounted to €3.12 million, compared to €1.83 million, recording an increase of 70.02%, while profit after tax amounted to €2.35 million, compared to
€1.42 million, increased by 65.09%.
Operating cash flows also showed significant improvement, amounting to €7.10 million, compared to €3.82 million in the first half of 2025, recording an increase of 85.98% compared to the corresponding period last year. This improvement is mainly attributable to the collection of trade receivables that had been formed during the previous financial year, as a result of the increased sales of 2025. The collection of these receivables during the current period significantly strengthened the Group's cash inflows and liquidity.
The Group's financial position remains strong. The Group maintains zero bank debt, while the total financial assets and other investments as of 30.6.2026 amounted to
€28.48 million, compared to €21.17 million as of 30.6.2025.
€ 30/06/2026 | 31/12/2025 | % | |
Investment 2.125.075 | 7,5% | 2.125.075 | 10,0% |
Investments in Financial 12.194.058 Instruments | 42,8% | 12.747.804 | 60,2% |
Cash & Cash 14.168.755 | 49,7% | 6.298.650 | 29,8% |
28.487.889 | 21.171.529 |
The analysis of the financial assets and other investments is presented in the table below:
Properties
Equivalents
At the same time, the Group's working capital amounted to €35.66 million, compared to €29.78 million as of 30.6.2025, recording an increase of 19.7%, while net operating working capital decreased by 11.3%.
The Group continues to deliver value to its shareholders, maintaining a stable dividend policy and a strong financial position.
The full version of the A' Half 2026 Financials, as well as the Review Report of the Certified Public Accountant and the Report of the Board of Directors, are available on the company's website https://ir.ascompany.gr.