Semco Technologies: Revenue Up 19.6% and Net Income of €5.8M in First Half 2026
Semco Technologies published its first half 2026 accounts on September 22, 2026, closed on June 30, 2026. The Montpellier-based manufacturer of electrostatic chucks (eChucks) for semiconductor production recorded activity growth accompanied by margin and cash position improvements.
Beyond the semester figures, the group confirms all financial objectives set for 2028, including revenue exceeding €55M, while embarking on a new phase of industrial capacity strengthening.
Revenue Up 19.6% and Net Income at €5.8M
First half 2026 revenue stands at €19.9M at variable exchange rates, up 19.6% compared to €16.6M in the first half of 2025. At constant exchange rates, it amounts to €20.1M, representing growth of 21.1%. The group attributes this development to the ramp-up of existing customers and the progressive expansion of its customer portfolio.
Gross margin reaches €13.4M, or 67.6% of revenue, compared to 66.8% one year earlier. Adjusted EBITDA amounts to €8.7M (43.5% of revenue, versus 40.9% in the first half of 2025) and EBIT to €8.1M. Net income stands at €5.8M, or 29.0% of revenue, up 39.3% compared to €4.1M in the first half of 2025.
EBIT Margin at 40.7% Thanks to Control of General Expenses
EBIT margin stands at 40.7% of revenue, compared to 38.6% in the first half of 2025, representing an increase of 2.1 percentage points on a comparable half-year basis. According to management, this development is explained by the stability of general expenses in a context of nearly 20% activity growth.
The group's cash position reaches €12.3M as of June 30, 2026, compared to €10.2M as of December 31, 2025. Group shareholders' equity amounts to €24.7M and financial debt to €3.4M. Laurent Pélissier, Chief Executive Officer, notes that "the stability of our general expenses in a context of nearly 20% activity growth illustrates our model's ability to absorb growth".
2028 Objectives Confirmed and New Building Expected in January 2027
Semco Technologies confirms all objectives presented during its stock market listing: revenue exceeding €55M in 2028, EBIT margin exceeding 40% and distribution of net income exceeding 30%. As a benchmark, the group achieved revenue of €34.7M for the 2025 fiscal year.
On the industrial front, the group deployed in the first half of 2026 a new automated line dedicated notably to polishing operations, following the commissioning in 2025 of a first automated screen printing line. It will also benefit from new industrial infrastructure adjacent to its Montpellier site, with building delivery expected in January 2027. This infrastructure will represent additional rent as well as capital equipment investment currently being quantified, with no expected impact on the 2026 fiscal year accounts.
