Ellomay swings to Q2 profit of €70.51 million; revenue rises 10.1% to €12.42 million year over year
Reuters2026/08/18 20:10- Ellomay posted IFRS profit of EUR 70.51 million in Q2, swinging from a loss.
- Revenue rose 10.13% to EUR 12.42 million, supported by additional US solar facilities connected during 2025-2026.
- IFRS EBITDA climbed to EUR 88.5 million, reflecting a EUR 94.8 million net profit on the Ellomay Luzon Energy sale.
- First-half IFRS profit reached EUR 58.29 million, turning from a loss; revenue increased 4.71% to EUR 21.08 million.
- Italy buildout advanced with 150 MW under construction for completion by end-2026; a 10 MW project connected post-period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Dogecoin ETF Closure Sets October Exit for Bitwise BWOW Holders
Crypto prices
More
