Finance and results

First Half 2026 Consolidated Results

Significant improvement in the second quarter and guidance confirmed despite a first quarter impacted by exceptionally adverse weather conditions

  • Volumes down: cement (-2.9%), ready-mixed concrete (-10.9%) and aggregates (-2.6%). At constant perimeter, excluding the disposal of Kars Cimento, cement volumes increased by 1.4%
  • Revenue: EUR 798.1 million (+0.2% on EUR 796.7 million in the first half of 2025); non-GAAP revenue amounted to EUR 793.7 million (-1.7% compared with 2025 and -0.2% at constant perimeter), impacted by a negative foreign exchange effect of EUR 37.4 million
  • EBITDA: EUR 163.9 million (-5.5% on EUR 173.5 million in the first half of 2025); non-GAAP EBITDA amounted to EUR 153.6 million (-10.4% compared with 2025 and -9.5% at constant perimeter)
  • Group net profit: EUR 62.0 million, down 15.7% on EUR 73.5 million in the first half of 2025; non-GAAP Group net profit amounted to EUR 66.0 million (-18.9% compared with 2025)
  • Trend reversal in the second quarter of 2026: at constant perimeter, cement volumes increase (+3.4%), non-GAAP revenue (+5.3%) and non-GAAP EBITDA (+12.9%) 
  • Net cash: EUR 276.8 million (EUR 144.0 million as at 30 June 2025)
  • Guidance for the current year confirmed

Rome, 29 July 2026 – The Board of Directors of Cementir Holding N.V. today examined and approved the consolidated unaudited results for the first half and the second quarter of 2026.
Please note that as of April 2022, the Turkish economy is considered hyperinflationary according to the criteria set out in “IAS 29-Financial Reporting in Hyperinflationary Economies”.