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Eleving Group Reports Strong H1 2026 Financial Results

Eleving Group has announced a significant increase in its financial performance for the first half of 2026. The company reported a 40.4% rise in total revenue, reaching EUR 165.0 million compared to the same period last year. This growth was evenly distributed across its core product segments, with consumer financing leading the way.

The group's adjusted EBITDA also saw a sizeable increase to EUR 62.6 million, marking a 38.2% growth, while the net loan portfolio expanded by 17.0%, achieving its annual target within six months. The company’s strategic expansion included entering the South African market, enhancing its geographic reach to 18 countries.

Eleving’s operational strategy focused on efficiency and diversification, leveraging AI-driven solutions to support customer retention and operational optimization. The group's capitalization ratio was reported at 22.1%, with a focus on reducing foreign exchange risk through increased local currency funding.

R. P.

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