Hampiðjan (HAMP) Q2 2025 earnings summary

Executive summary

• Revenue increased by 16.8% year-over-year to €184.8m for the first half of 2025, with EBITDA up 23.1% to €24.2m, but net profit declined to €5.2m from €8.2m due to discontinued operations and restructuring costs.

• Acquisition of 75.1% of Kohinoor Ropes Pvt. Ltd. in India completed, expanding production capacity and market reach, with integration expected to drive operational efficiencies.

• Production in Poland and Denmark was discontinued, with activities shifted to India as part of a broader restructuring and cost-saving initiative.

Financial highlights

• Revenue for H1 2025: €184.8m, up from €158.2m year-over-year.

• EBITDA for H1 2025: €24.2m, up from €19.7m year-over-year.

• Net profit for H1 2025: €5.2m, down from €8.2m year-over-year, impacted by losses from discontinued operations.

• Equity at June 30, 2025: €269.9m.

• Cash at June 30, 2025: €31.6m.

Outlook and guidance

• Integration of Kohinoor Ropes expected to enhance efficiency and open new markets, especially in Asia and South America.

• Further production relocation to India planned, with new facilities under construction to support future growth.