First half 2026 revenue
17% business growth at constant currency
Published on 03/08/2026
(1) Revenue not audited by the Statutory Auditors (2) CC: constant currencies
Accelerated growth in the second quarter
Revenue for the first half of 2026 amounted to €275.2 million, up from €236.5 million in the first half of 2025, coming out to growth of 16.4% (up 17% at constant currency).
This performance shows accelerated business activity in the second quarter, which generated €143 million, or growth of 21.2% on a reported basis and 18.4% at constant currency compared with the same period the previous year.
Over the first half of the year, exchange rates had a limited negative impact of €1.5 million. However, this effect was reversed in the second quarter, in which exchange rates had a positive impact amounting to €3.2 million, due to the improved situation in some countries where the Group operates.
Business in the first six months was driven by the strong performance in Africa (up 20% at constant currency1) and Eurasia (up 17% at constant currency1). In the Americas, business declined by 34% as a result of the ongoing situation in Brazil. However, efforts to develop business are starting to pay off, and new contracts have been signed with privately-owned companies in Brazil’s offshore sector.
First-half revenue by region
2026 outlook: sustained growth set to continue
CIS has raised its profile by winning new contracts, and business is strong across its major projects.
Given these factors, the Group expects to remain on its growth trajectory and will take the next steps forward in its performance plans.
Next press release: 23 September 2026, after the close of trading: H1 2026 results
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