High Co reported strong activity growth in the first half of 2026, with organic growth described as very good and positive standalone results from its international activities, particularly in Belgium and Spain. The company said its restructuring, which involves social and economic negotiations including potential job reductions, weighed on first-half results and carries a provision of around EUR 3 million, with operational savings of a similar amount expected to materialize in the second half. High Co is integrating Budget Box and Retail Activation, which contributed negatively to short-term performance but are expected to generate synergies and support future growth. The company maintains a positive net cash position with solid cash flow, and its free share attribution plan has been validated, representing up to 3% of the capital, while its share buyback program remains ongoing. Management cited continued growth in retail media, the full benefit of the restructuring, and the Budget Box integration as key drivers for the second half, while noting inflationary pressures, tariff uncertainties, and a consolidating French retail market where major distributors such as Carrefour and Intermarche are gaining share.
High Co. SAHigh Co reported strong first-half 2026 organic growth with positive international results, offset by a ~EUR 3 million restructuring charge and integration costs.
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