Ekinops Reports Revenue Growth Amid Strategic Investment Push
Ekinops saw its revenue climb to €58.2 million in the first half of 2026, a 2% increase fueled by strong demand for optical networks in North America and France. While the company achieved its highest quarterly activity in three years, heavy investment in its Bridge strategic plan weighed on short-term profitability.
The company’s gross margin reached 57.9%, a 2-point improvement over the previous year, reflecting tighter manufacturing cost controls and an increased share of software and services. Despite this, operating expenses surged by 18% to €33.8 million as the firm ramped up research and development for its upcoming Photonic Transport Modular platform and sovereign SASE cybersecurity solutions. These initiatives, essential for long-term growth, resulted in an EBITDA margin of 10.1% and a net loss of €2.8 million for the period.
CEO Lionel Chmilewsky noted that the investments in new solutions and go-to-market strategies are critical to penetrating dynamic segments like data center interconnection. With €23 million in available cash, the group maintains a solid financial foundation to support its expansion. Management reaffirmed its full-year guidance, banking on a robust sales pipeline and the implementation of a major 10-year contract with Proximus to drive single-digit revenue growth through the end of 2026.
Comments (0)
No comments yet. Be the first!