on BASSAC (EPA:BASS)
Bassac's 2026 Half-Year Results: Assessment and Outlook
Bassac announced positive results for the first half of 2026, with consolidated revenue of €857 million, up 44% compared to the previous year. This growth is primarily due to the integration of Feu Vert, which contributed €197 million over four months. On a like-for-like basis, revenue increased by 11%.
Operating results show an improvement with current income of 72 million euros, compared to 46 million in 2025. However, bookings recorded a decrease of 9%, mainly impacted by a decline in France.
Bassac's order book has reached €2,258 million, a slight increase since the end of 2025, and its land portfolio remains stable, offering 7.2 years of potential future activity. Despite a challenging business environment, Bassac is maintaining its gross margin and operating level. The company remains optimistic thanks to a solid order base and land holdings.
R. H.
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