Egide H1 revenue falls on customer program delays, Santier production halt

Egide SA

27/07/2026 07:08

Overview
France hermetic package maker's H1 2026 revenue fell 2.4% on reported basis, up 0.7% at CER
Egide USA revenue dropped sharply due to customer program delays and Santier production halt
Thermal imaging revenue rose 23%, now 55% of group total, offsetting declines elsewhere

Outlook
Egide expects second-half 2026 business to be weaker than the first half
Egide SA’s 2026 performance is set to reflect positive year-on-year growth
Conversion of backlog into revenue in H2 2026 will depend on ramp-up at Cambridge

Result Drivers
THERMAL IMAGING GROWTH - Co said 23% rise in thermal imaging revenue drove overall group performance
EGIDE USA DELAYS - Co attributed 33% revenue drop at Egide USA to temporary delays in customer program ramp-ups
PORTFOLIO REFOCUS - Co said 64% drop in power segment revenue was due to deliberate shift toward strategic applications

Company press release: ID:nGNE7H8WYL

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 15.20 mln
 

Analyst Coverage
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

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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.)