Agilyx ASA completes strategic reset and consolidates GreenDot
- Revenue of EUR 85.1 million reflecting GreenDot consolidated from 20 April 2026.
- EBITDA negative by EUR 1.9 million: GreenDot contributed EUR 2.7 million, offset by EUR 4.5 million losses at Agilyx level including EUR 1.4 million one‑off costs.
- Net profit of EUR 9.7 million driven by a combined EUR 30.2 million of non‑cash accounting gains from change of control in GreenDot and Cyclyx, plus a gain on the bargain purchase of Anviplas.
- GreenDot reported EUR 229 million revenue and EUR 8.9 million EBITDA in H1 2026, following acquisitions of Forplast (Nov 2025) and RG Group (Feb 2026); Anviplas was announced in June but had no operational impact in the period.
Strategic reset and consolidation
Agilyx completed a strategic transformation in H1 2026, raising its ownership in GreenDot Global to 50.1%, restructuring and exiting all US‑based Cyclyx joint ventures, and repaying a significant portion of senior debt. GreenDot was consolidated into Group accounts from 20 April 2026.
H1 2026 financial performance
Group revenue was EUR 85.1 million. EBITDA was negative EUR 1.9 million, reflecting a EUR 2.7 million positive contribution from GreenDot offset by EUR 4.5 million of losses at Agilyx level, including EUR 1.4 million of one‑off costs primarily tied to convertible bond financing. Net profit was EUR 9.7 million, reflecting a combined EUR 30.2 million of non‑cash accounting gains from changes of control in GreenDot and Cyclyx and a gain on the bargain purchase of Anviplas.
GreenDot performance and M&A
GreenDot reported EUR 229 million of revenue and EUR 8.9 million EBITDA in H1 2026. Results incorporate acquisitions of Forplast (Italy) in November 2025 and RG Group (France) in February 2026; the June announcement of Anviplas (Spain) had no operational effect in the period. GreenDot is expected to generate EUR 19 million of EBITDA in 2026, with Anviplas turnaround costs excluded from earlier forecasts and all three mechanical recycling acquisitions expected to drive significant growth in 2027 and beyond.
Liquidity, outlook and investor event
As of 30 June 2026 the Group had cash and cash equivalents of EUR 54.5 million and net interest‑bearing debt of EUR 88.1 million, both with GreenDot fully consolidated. Agilyx will host a virtual Business Update Presentation on 27 August 2026 at 15:30 CEST, including a Q&A; a replay will be made available on the company website.
Source: Agilyx
