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Séché Environnement Confirms 2026 Targets After Strong H1
Séché Environnement reported first-half 2026 contributed revenue of €607.8 million, up 4.8% from €580.1 million a year earlier, and confirmed its full-year targets. EBITDA rose 8.5% to €128.3 million, while current operating income was stable at €49.5 million, but operating income fell 8.1% to €45.2 million due to €4 million in non-recurring charges from the performance plan and acquisitions. Net income attributable to shareholders dropped 23.3% to €12.2 million, with earnings per share at €1.57. The company completed two major acquisitions early in the year—Hidronor in Chile and La Filippa in Italy—which contributed €35.8 million in revenue and €19.9 million in EBITDA. At constant scope, organic growth was a strong 11.8% at constant exchange rates in international markets, while France saw an 8.7% decline in contributed revenue. Free operating cash flow rose 14.1% to €72.1 million, and IFRS financial leverage stood at 2.9x EBITDA. Séché Environnement confirmed its 2026 targets of contributed revenue between €1,230 million and €1,260 million and EBITDA between €260 million and €270 million, excluding the planned Groupe Flamme acquisition.