Amixa operating profit rises as net earnings fall

According to Amixa Holding’s IFRS report for the first half of 2026, revenue reached HUF 8.334 billion, up from HUF 7.775 billion a year earlier, a 7.2% increase. EBITDA rose to HUF 573.7 million from HUF 418.0 million, while operating profit climbed to HUF 441.1 million from HUF 333.8 million, an improvement of 32.2%.

Profit after tax, however, fell 74.3% to HUF 32.8 million from HUF 127.7 million. Net financial expenses increased to HUF 371.1 million from HUF 113.7 million. Total comprehensive income was a HUF 328.4 million loss and included a HUF 396.9 million fair-value loss on currency hedges. This was an accounting revaluation, not an equal cash outflow from the underlying business.

Cash stood at HUF 178.3 million at the end of June, down from HUF 690.0 million at the end of December. Equity moved to a negative HUF 277.0 million from a positive HUF 441.6 million, while short-term bank debt increased to HUF 2.058 billion from HUF 1.808 billion.

In the unaudited report, which was not reviewed by an independent auditor, management said the going-concern condition was met and forecast higher annual revenue. Currency movements, purchase prices and operating costs remain risks. Related coverage examines the latest OPUS TIGÁZ figures and AXIÁL’s first-half result.