Accsys Technologies (1D8) Q2 2026 Earnings Report

The earnings call reflected strong financial performance and strategic progress, particularly in revenue growth, North American expansion, and improved EBITDA. Despite some challenges such as the low growth in Tricoya sales and new tariffs in the U.S., the overall sentiment is positive due to the numerous highlights and strategic advancements.

During the call, Accsys Technologies reported strong financial performance for the first half of the fiscal year 2026, ending September 30, 2025. Sales volumes increased by 22% to 38,618 cubic meters, driven by a 61% rise in North American sales. Group revenue grew by 23% on a like-for-like basis, reaching EUR 76.1 million, while aggregated revenue, including 60% from the joint venture, rose by 21% to EUR 89.9 million. The company improved its adjusted EBITDA by 160% to EUR 10.4 million, achieving an EBITDA margin of 11.6%, close to their 12% target for Phase 1 of their FOCUS strategy. Net debt decreased by EUR 2.8 million, with the leverage ratio improving from 2.5x to 2.1x. Accsys also maintained a gross margin above 30%, demonstrating strong pricing discipline. Looking ahead, the company anticipates continued sales acceleration, especially in North America, and expects the joint venture to be EBITDA positive for the full financial year.