on TOOSLA (EPA:ALTOO)
Toosla achieves its first half-year profit in 2026
Toosla posted a net profit of €8.6 million for the first half of 2026, marking a significant milestone in its history. The company dramatically reduced its debt from €20.1 million to €5.2 million in six months. This debt reduction, combined with gains from debt write-offs, enabled this result. However, revenue declined slightly, totaling €3.9 million compared to €4.3 million the previous year.
Pascal Ghoson, recently appointed CEO, is preparing new strategic initiatives. He aims to stabilize and revive the company's growth. The "asset-light" model, based on leasing rather than purchasing vehicles, is part of their strategy to strengthen cash flow.
This positive momentum could give Toosla a new trajectory of profitable growth, despite the challenges of the rental market.
R. P.
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