High Co. SAHighCo reports strong Q2 gross profit growth and confirms guidance, with margin improvement.

HighCo posted second-quarter 2026 gross profit of €19.29 million on a reported basis, a 27% increase that includes the Sogec and Budgetbox acquisitions, while like-for-like gross profit rose 2.8% to €15.61 million. First-half reported gross profit reached €39.21 million, up 26.7%, with like-for-like growth of 2.7% to €31.79 million. The company confirmed its full-year 2026 guidance of more than €78 million in gross profit and an adjusted operating margin above 12%, and said it expects a rise in adjusted headline PBIT for the first half with an adjusted operating margin slightly above 16%. Growth was driven by France, where reported gross profit climbed 33.6% in the second quarter, while international business declined 19.8%. The restructuring of Sogec businesses is proceeding, with a job protection plan approved for 64 employees.
High Co. SAHighCo reports strong Q2 gross profit growth and confirms guidance, with margin improvement.