Entech: First-half revenue of €71.8 million, up 161.7%
Entech published its first consolidated half-year revenue on September 8, 2026, at €71.8 million as of June 30, 2026, compared to €27.4 million a year earlier. This level represents more than 55% of the annual target of €130 million, the achievement of which is backed by an order book of €116 million at the same date. The momentum is driven primarily by construction activity and the ramp-up of storage projects connected to the grid.
Revenue of €71.8 million, driven 88% by Entech Construction
The consolidated revenue for the first half of 2026 stands at €71.8 million, up 161.7% compared to €27.4 million in the first half of 2025, on a strictly comparable basis of two six-month periods. The contribution comes overwhelmingly from Entech Construction, at €63.3 million (+223.7%), representing 88% of the group's activity, compared to 71% a year earlier. Entech Solutions grew 6.3%, to €8.3 million, and represents 12% of activity. Entech Energy & Services posted €0.2 million after elimination of intra-group flows. Consolidated revenue includes the group's share of the joint venture created with Eiffage Énergie Systèmes, totaling €12.7 million for the half-year, as well as the elimination of €1.1 million of intra-group flows.
Storage represents 48% of half-year activity
Grid-connected storage facilities totaled €34.3 million in consolidated revenue, representing 48% of the group's total activity, alongside ground-mounted photovoltaic plants (€28.2 million, 39% of activity). Among the main contributors are storage projects executed for Comax, the 90 MWh storage-coupled photovoltaic plant project carried out for Axian Energy in Senegal, as well as several ground-based plants delivered during the half-year. Maintenance activity grew 114%, to €0.8 million, which the group attributes to the gradual building of a recurring base of long-term contracts. The half-year growth reflects the conversion into revenue of the order book built up in 2025, a year in which the group recorded over €200 million in new orders.
2026 target of €130 million confirmed, backed by an order book of €116 million
In the first half of 2026, Entech recorded €45.8 million in new orders, with the signing of new battery storage contracts and the launch of two international projects carried out in consortium. The consolidated order book as of June 30, 2026 stands at €116 million. The group confirms its 2026 revenue target of €130 million, associated with an Ebitda margin of between 8 and 10% of revenue. Entech also confirms its roadmap to 2029, corresponding to revenue exceeding €300 million, an Ebitda margin of 20 to 25%, and ownership of a portfolio of more than 350 MW of assets in operation or under construction. The 2026 consolidated half-year results will be published on September 23, 2026.
