Titan H1 FY26 net profit more than doubles to €153.2 million; sales rise 6.9% to €1.42 billion

Reuters2026/07/30 06:28

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Titan posted H1 2026 sales of €1.42 billion, up 6.9% year on year, while EBITDA rose 8.7% to €312 million.
Net profit after taxes and minorities more than doubled to €153.2 million.
Net debt stood at €877 million, with leverage at 1.4x EBITDA following €700 million invested in three acquisitions completed in H1.
Launched a new share buyback of up to €20 million through March 2027; paid a €1.1 per share dividend on July 7.
Upgraded 2026 guidance, flagging high single-digit sales growth with faster EBITDA growth and margin expansion despite geopolitical uncertainty.

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. Titan SA published the original content used to generate this news brief on July 30, 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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Titan H1 FY26 net profit more than doubles to €153.2 million; sales rise 6.9% to €1.42 billion

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