SMAG Releases H1 2026 Financial Results: Growth Amidst Challenges

SMAG Mobile Antenna Masts AG reported a 20% increase in total output to EUR 20.2 million for H1 2026, compared to EUR 16.9 million in the same period last year. This growth is attributed to the ramp-up in production and execution of a robust order backlog. Net sales grew by 15% to EUR 12.6 million due to significant customer deliveries.

However, the adjusted EBIT dropped to EUR 0.5 million from EUR 2.7 million, impacted by costs linked to increased production and a shift in project mix. The EBIT margin consequently fell to 2.6%. The order backlog remained stable at EUR 1.4 billion, with a notable rise in fixed order volumes to EUR 182 million.

SMAG confirmed its guidance, expecting total output of EUR 55-60 million and an EBIT margin of 19-21% for 2026, with continued optimism for 2027 thanks to expanded capacities and new orders.