France's Compagnie de l'Odet H1 net income falls on weak communications segment

Compagnie De l'odet SE

16/09/2026 16:57

Overview
France conglomerate's H1 2026 revenue grew 8% at constant scope and exchange rates
Net income Group share fell sharply compared to H1 2025
Company announced exceptional interim dividend of €2.5 bln

Outlook
Company did not provide specific guidance or outlook for the current or future periods

Result Drivers
HIGHER ENERGY PRICES - Bolloré Energy revenue rose amid rising prices linked to conflict in the Middle East, despite lower volumes sold
SEGMENT MIX - Industry segment saw slight growth driven by higher volumes in dielectric films and packaging, while Blue activities declined
SCOPE CHANGES - 'Other' segment revenue fell due to exit of Ovrsea from consolidation and lower real estate revenue

Company press release: ID:nGNEbJ8fpy

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 1.64 bln
 
H1 Adjusted EBITA
 
EUR 97 mln
 
H1 EBIT
 
EUR 73 mln
 
H1 EBITDA
 
EUR 131 mln
 

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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.)