Bolloré (BOL) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue increased 6.5% at constant scope and exchange rates, reaching €815 million, with reported growth of 4.3% year-over-year.

• Bolloré Energy drove growth with a 7.9% revenue increase, while Industry segment revenue declined 3.2% due to lower Bluebus and Specialized Terminals sales.

Financial highlights

• Total Q1 2026 revenue: €815 million, up from €782 million in Q1 2025.

• Bolloré Energy revenue: €731 million (+7.9% organic growth); Industry: €74 million (-3.2% organic decline); Other: €10 million (-13.8% organic decline).

• Revenue growth driven by higher oil product prices linked to Middle East conflict.

Segment performance

• Bolloré Energy benefited from oil price increases, offsetting a slight decline in sales volumes.

• Industry segment faced lower sales in Bluebus and Specialized Terminals, partially offset by growth in Films.

• Other segment (Agricultural Assets, Holding, and others) saw significant revenue decline.