- Wag Payment Solutions Plc
- 09 September 2026 09:22:34
Source: Sharecast
In the six months to the end of June, adjusted earnings before interest, tax, depreciation and amortisation rose 10.5% from the same period a year earlier to €70.6m, with total net revenue 10.7% higher at €179.5m. Eurowag said revenue growth reflected broad- based growth across its platform services.
Adjusted pre-tax profit fell 14.7% to €23.7m, however, while adjusted basic earnings per share declined to 2.53 cents from 2.92 cents.
The freight and road payments processor upped its FY26 adjusted cash EBITDA guidance to between €110m and €115m from between €105m and €115m.
Founder and chief executive Martin Vohánka said: "We delivered a strong and resilient first-half year performance, with double-digit net revenue growth, robust margins and lower leverage, while making significant progress through the integration and migration phase to Eurowag Office.
"We are pleased to have reached a key milestone, with more than 65% of our customers now actively using the platform, customer engagement continuing to grow and the majority of our services available on the platform. Delivering these results through a volatile geopolitical and macroeconomic environment demonstrates the resilience of our business and keeps us on track to deliver our full-year guidance."
At 0905 BST, the shares were up 0.7% at 100.70p.
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