ASTA Energy Solutions AG reported a 22% year-over-year increase in net sales to €435.8 million for the first half of 2026, alongside a 54% rise in adjusted EBITDA to €37 million. The company’s net-value sales, which include finished and unfinished goods, climbed 33% to €98.4 million, driven by a 40.4% increase in the finished and unfinished goods component.
Adjusted EBITDA margin expanded to 8.5% from 6.7% in the prior-year period, while EBIT rose 62% to €31.7 million and net income more than doubled to €22.5 million. Earnings per share increased 66% to €1.66, and free cash flow more than doubled to €22.8 million. The company ended the period with a net cash position of €47.4 million, up from a net debt position of €56.6 million at year-end 2025.
Management raised its full-year 2026 adjusted EBITDA guidance to a range of €60 million to €64 million, from €55 million to €59 million previously. Net sales guidance was reconfirmed at more than €790 million, while net-value sales guidance remained above €170 million. CEO Karl Schäcke noted that demand exceeds production capacity, prompting disciplined capacity expansion plans across Europe, Brazil, China, and India.
The company’s long-term agreements, representing roughly 55% of business, provide revenue visibility through 2032. Framework agreements account for about 45%, with spot markets contributing up to 5%. Capital expenditures totaled €14.2 million in the first half, while the current ratio stood at 1.96. H2 2026 is expected to be seasonally softer due to maintenance windows and employee stock ownership program expenses of approximately €4 million.
ASTA Energy Solutions’ shares surged 11.11% to $60.00, extending a 33% year-to-date gain. The stock has traded between $37.70 and $80.00 over the past 52 weeks, with analyst price targets ranging from $74.51 to $104.77.
