EnviTec Biogas H1 2026 results and accelerated shift from electricity to biomethane
- Total output rose to €182.9m and revenue to €169.2m in H1 2026 (H1 2025: €164.9m and €148.4m).
- EBITDA was €21.4m and EBT €4.4m, weighed down by higher Bio‑LNG market costs and the retroactive abolition of double crediting effective 1 January 2026.
- EnviTec won EEG biomass awards for around 16 MW, securing parts of its electricity portfolio for 12 years and planning roughly €100m of new investments by 2029 to build and convert plants.
- Management confirms 2026 guidance of total output/sales €330–370m and EBT €5–15m and expects rising revenues and earnings in 2027.
Financials H1 2026
EnviTec reported sales of €169.2m and total output of €182.9m for Jan–Jun 2026, up from €148.4m and €164.9m a year earlier. EBITDA was €21.4m (H1 2025: €26.3m) and EBT €4.4m (H1 2025: €10.2m); consolidated net income reached €3.1m and EPS €0.21. Inventory of finished and unfinished products rose by €7.0m.
Segment performance
Own operations generated €123.4m sales and €120.0m total output; segment EBT was €14.4m (H1 2025: €20.6m). Service sales were €23.8m with EBT −€3.3m. Plant construction recovered: total output €36.5m, sales €22.0m and EBT improved to −€6.8m; order backlog stood at €143.1m, of which €112.1m relates to international projects, notably Sweden and Spain.
Drivers and strategy
Earnings were reduced by higher costs to commercialize Bio‑LNG and by the retroactive abolition of double crediting effective 1 January 2026. In June 2026 EnviTec won EEG awards for ~16 MW, locking part of its electricity portfolio for 12 years, and plans about €100m of investment by 2029 to build and convert plants and expand biomethane production.
Outlook
The board confirms 2026 guidance: total output/sales €330–370m and EBT €5–15m, and expects rising revenues and earnings in 2027.
Source: EnviTec Biogas