Financiere de Tubize SA

UCB SA delivered record first-half 2026 results, with total net sales growing 23% to EUR4.1 billion and adjusted EBITDA surging 68% to EUR1.7 billion. The strong performance was driven by its five growth drivers, which now account for over 50% of revenue, led by BIMZELX net sales doubling to EUR1.5 billion. The company upgraded its full-year 2026 guidance, now expecting low-teens to mid-teens revenue growth and mid-teens to low-20s EBITDA growth at constant exchange rates. Core EPS nearly doubled to EUR6.84, while the effective tax rate stood at 15% and net financial debt reached EUR2.8 billion. UCB also raised BIMZELX's peak sales potential to at least EUR7 billion, supported by four head-to-head superiority trials, and highlighted a long-term growth runway with no major loss of exclusivity until 2033.