on STIF (EPA:ALSTI)
STIF: Solid Half-Year Growth and Strategic Adjustments
STIF, a specialist in explosion protection, announces strong growth in its 2026 half-year results. Revenue reached €55.3 million, an increase of 50.8% compared to the previous year. EBITDA climbed 37.6% to €12.6 million, while net income amounted to €7.5 million, up 17.5%.
The revenue target for 2026 is set at €110 million. However, the partnership with Tesla ends in 2027, prompting STIF to adjust its revenue forecast to €100 million for that year. The group is implementing measures to adapt its cost structure and is diversifying, securing new orders from BYD.
STIF continues its expansion in Asia with the opening of an office in Shenzhen, in order to strengthen its commercial network in the energy storage sector.
R. E.
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