{"url":"https://newsforagent.com/news/2026-10-19/egide-first-half-net-loss-narrows","markdown_url":"https://newsforagent.com/news/2026-10-19/egide-first-half-net-loss-narrows.md","title":"Egide Cuts First-Half Net Loss to €0.87 Million","headline":"Egide Narrows First-Half Net Loss to €0.87 Million as Net Financial Debt Falls to €4.99 Million","description":"Egide reported a first-half 2026 net loss of €0.87 million, down from €2.04 million, with revenue of €15.20 million and net financial debt of €4.99 million.","section":"Earnings & Results","published_at":"2026-10-19T06:18:42+00:00","modified_at":"2026-10-19T06:18:42+00:00","author":"News Desk","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."],"companies":[{"name":"Egide","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0006539/egide","website":"https://www.egide-group.com"},{"name":"Santier, Inc.","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000g2kq/santier-inc","website":"http://www.santier.com"}],"source":{"publisher":"GlobeNewswire","title":"Egide - Résultats semestriels au 30 juin 2026 : perte nette réduite de plus de moitié, à 0,87 M€, endettement financier net ramené à 4,99 M€","url":"https://www.globenewswire.com/news-release/2026/10/19/3382994/0/fr/egide-r%C3%A9sultats-semestriels-au-30-juin-2026-perte-nette-r%C3%A9duite-de-plus-de-moiti%C3%A9-%C3%A0-0-87-m-endettement-financier-net-ramen%C3%A9-%C3%A0-4-99-m.html"},"other_sources":[],"tags":["Earnings & Results","Egide","Santier, Inc."],"body_markdown":"[Egide](https://akta.pro/company-profiles/0006539/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](https://www.globenewswire.com/news-release/2026/10/19/3382994/0/fr/egide-r%C3%A9sultats-semestriels-au-30-juin-2026-perte-nette-r%C3%A9duite-de-plus-de-moiti%C3%A9-%C3%A0-0-87-m-endettement-financier-net-ramen%C3%A9-%C3%A0-4-99-m.html). 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.\n\n## Egide's First-Half Results and Entity Performance\n\nRevenue 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](https://akta.pro/company-profiles/000g2kq/santier-inc) reached €1.25 million from €0.50 million. Net income excluding Santier was positive at €0.77 million.\n\nEgide 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.\n\n\"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.\n\n## Egide's US Consolidation and Funding Record\n\nEgide 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](https://akta.pro/company-data). 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.\n\n## Egide's Path to the First-Half Report\n\nEgide 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.\n\n## Egide's Next Reporting Dates\n\nEgide 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.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}