Altech Advanced Materials H1 net loss widens to EUR 4.92 million

Reuters2026/07/22 10:23

By:Reuters

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Altech Advanced Materials posted a H1 2026 net loss of EUR 4.92 million, widening from EUR 293,000 a year earlier.
Financial result sank to EUR -4.76 million from about EUR -2,000, driven mainly by a write-down of its stake in Altech Batteries.
H1 free available cash totaled EUR 405,000 at June 30; equity swung to EUR -47,000 from EUR 4.46 million at end-2025.
The company now forecasts a 2026 net loss of EUR 5 million to EUR 5.5 million, with year-end free available cash around EUR 280,000.
It plans to convene a shareholder meeting under Section 92(1) of the German Stock Corporation Act following the capital erosion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altech Advanced Materials AG published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Altech Advanced Materials H1 net loss widens to EUR 4.92 million

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