TKH Group upgrades electrification outlook as H1 2026 EBITA rises 43.5%

Dutch industrial conglomerate TKH Group said first-half earnings before interest, taxes and amortization (EBITA) for its 2026 fiscal year rose 43.5% year-on-year, driven by robust demand in electrification and infrastructure projects.

The company, which provides specialized solutions for industrial automation, connectivity and electrification, said the performance reflected broad-based growth across its core markets in Europe and North America. EBITA for the period totaled €135 million, up from €94 million in the same period a year earlier.

TKH Group also upgraded its outlook for electrification, citing accelerating adoption of electric mobility and grid infrastructure upgrades. The segment, which includes cabling, charging systems and power distribution, is now expected to grow at a mid-teens percentage rate through 2026, an increase from prior guidance of low-double digits.

Revenue for the first half of 2026 increased 18% to €1.1 billion, supported by higher volumes in both infrastructure and industrial automation. Operating profit rose 32% to €102 million, while net profit attributable to shareholders climbed 41% to €78 million.

Management attributed the outperformance to strong order intake, improved operational efficiency and favorable pricing in key markets. The company maintained its focus on high-margin electrification projects, which now represent over 40% of total revenue, up from 35% in the prior year.

TKH Group’s shares were indicated higher in early trading on Tuesday, reflecting investor optimism following the results and outlook upgrade.