Aquafil Group reported a 4.2% decline in first-half 2026 revenue to €269.5 million, despite EBITDA increasing 5.7% to €40.6 million and margins expanding to 15.0% from 13.6% a year earlier.
Net profit rose 51% to €3.4 million, while EBIT more than doubled to €13.1 million. The company’s net financial position improved by €12.6 million to €196.9 million as of June 30, 2026, reducing leverage to 2.64x EBITDA from 2.89x at year-end 2025.
Chief Executive Giulio Bonazzi highlighted progress toward cost competitiveness for ECONYL, the group’s regenerated nylon brand, stating the target is to match or undercut petrochemical nylon pricing. He noted the first six months of 2026 confirmed the group’s solid foundation, with profitability gains and a stronger net financial position.
Revenue by segment showed ECONYL accounted for 60.2% of total fiber sales in H1 2026, up from 60.9% in Q2 2025. Geographic performance varied, with EMEA volumes down 2.4% in H1 but Asia Pacific volumes up 3.2%. The U.S. market saw a 4.5% volume increase for the half-year, though Q2 volumes declined 1.6%.
Caprolactam prices, a key input cost, approached €3,000 per ton in Q2 2026, nearing 2022 levels. Aquafil maintained its annual cost-savings target of €8–10 million for both 2026 and 2027, excluding inflation effects. Free cash flow yield stood at 19% relative to market capitalization, while the current ratio was 1.81.
The company’s share price edged down 0.73% to $1.37 following the presentation, with a 52-week range of $1.21 to $2.14 and a market capitalization of approximately $138 million.
