Nylon yarn maker Aquafil's H1 revenue falls on lower selling prices
Nylon yarn maker Aquafil's H1 revenue falls on lower selling prices
Overview
Italy synthetic fiber maker's H1 2026 revenue declined yr/yr due to lower selling prices
EBITDA for H1 2026 rose 5.7% yr/yr, reflecting cost rationalization and efficiencies
Net profit increased to €3.4 mln from €2.2 mln in H1 2025
Outlook
Company expects cost increases for raw materials and transportation to be recovered in Q3
Result Drivers
LOWER SELLING PRICES - Co said H1 2026 revenue decline was mainly due to lower average selling prices and a different sales mix
COST RATIONALIZATION - EBITDA growth attributed to cost rationalization, operational efficiencies, and effective raw materials and utilities procurement policy
ECONYL BRANDED PRODUCTS - Revenues from ECONYL branded products continued to drive the fiber business and profitability
Company press release: ID:nBIA9bNVvh
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 269.5 mln |
|
H1 Net Income |
| EUR 3.4 mln |
|
H1 EBITDA |
| EUR 40.60 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the textiles & leather goods peer group is "buy."
Wall Street's median 12-month price target for Aquafil SpA is €1.80, about 30.6% above its August 26 closing price of €1.38
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago
Reuters Recommended Reads
Aug 27 - Textile maker Texhong International's H1 net profit jumps on higher yarn sales
Aug 27 - China's Weaving Materials H1 revenue falls on lower sales volume
Aug 25 - China's Shenzhou International H1 sales fall 5.3%
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)