News for Agent

Daily business news: funding, M&A, launches

Earnings & Results

Egide Narrows First-Half Net Loss to €0.87 Million as Net Financial Debt Falls to €4.99 Million

By ·

Key takeaways

  • Egide's first-half 2026 net loss narrowed to €0.87 million from €2.04 million a year earlier.
  • Consolidated revenue was €15.20 million, a 2.4% decline on a reported basis and a 0.7% increase at constant exchange rates.
  • Net financial debt fell to €4.99 million from €5.41 million at December 31, 2025, while cash rose to €2.78 million.

Egide Group reported a first-half 2026 net loss of €0.87 million, narrowed from €2.04 million a year earlier, on consolidated revenue of €15.20 million, according to GlobeNewswire. The French maker of hermetic packages and interconnection solutions for sensitive electronic components said net financial debt fell to €4.99 million from €5.41 million at December 31, 2025.

Egide's First-Half Results and Entity Performance

Revenue declined 2.4% on a reported basis and rose 0.7% at constant exchange rates. EBITDA was -€0.08 million, against -€0.21 million in the first half of 2025, and EBITDA excluding Santier reached €1.25 million from €0.50 million. Net income excluding Santier was positive at €0.77 million.

Egide SA revenue grew 28% to €10.03 million, with EBITDA of €2.05 million against -€0.27 million a year earlier and net income of €2.01 million against a loss of €1.48 million. Egide USA revenue fell 33% on a reported basis and 29% at constant exchange rates to €3.80 million, with EBITDA of -€0.82 million against €0.78 million and net income of -€1.25 million against €0.31 million. Santier contributed €1.38 million of revenue against €2.09 million, with EBITDA of -€1.33 million and net income of -€1.64 million.

"Au premier semestre 2026, nous avons réduit notre perte nette de plus de moitié, grâce à la croissance d'Egide SA et à une meilleure maîtrise de nos charges," said Ignace Dupon, Directeur Général of Egide Group.

Egide's US Consolidation and Funding Record

Egide announced in April 2026 the planned closure of its San Diego subsidiary Santier, consolidating US manufacturing operations to its Cambridge, Maryland site, according to akta.pro company records. The company's records list three manufacturing sites, Bollène, Cambridge MD and San Diego, consolidated to two by April 2026. The same records show two funding rounds, both in August 2023: a post-IPO debt round of $818,086 and a post-IPO equity round of $2.1 million.

Egide's Path to the First-Half Report

Egide published consolidated revenue of €15.2 million for the first half of 2026 on July 27, 2026, a 2.4% decline on a reported basis and a 0.7% increase at constant exchange rates, GlobeNewswire reported. On June 26, 2026, Egide published its 2025 annual consolidated results, reporting revenue of €31.34 million, up 4% year-on-year, and a return to positive EBITDA of €0.70 million compared with a loss of €0.45 million in 2024. Egide issued a notice on July 31, 2026, inviting shareholders to its Combined General Meeting on September 10, 2026, at its headquarters in Bollène, France.

Egide's Next Reporting Dates

Egide said it published its 2026 Half-Year Financial Report on October 19, 2026. The company scheduled its annual 2026 revenue publication for January 29, 2027.

Companies in this story

Sources

Machine-readable: Markdown · JSON