Ascopiave H1 FY26 net profit drops 77% to EUR 14.5 million; revenue rises 38.1% to EUR 149.1 million

• Ascopiave posted first-half revenue of EUR 149.1 million, up 38.1%, while EBITDA slipped 7.6% to EUR 71.8 million.
• Operating profit fell 39% to EUR 32.4 million; net profit dropped 77% to EUR 14.5 million, hit by prior-year non-recurring gains and dividends.
• Net debt widened to EUR 652.9 million at June 30, up EUR 40 million since Dec. 31, reflecting acquisitions and EUR 34.6 million in dividends paid.
• Gas volumes distributed climbed 64% to 1,327 million cubic meters; electricity output from hydro and wind fell 22% to 74 GWh.
• Management guided for improved full-year 2026 revenue and profitability versus 2025, excluding prior-year extraordinary items, on a broader consolidation perimeter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASCOPIAVE S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0887-58-2026_TELEBORSA.pdf), on July 30, 2026, and is solely responsible for the information contained therein.