on CIS (EPA:CTRG)
H1 2026 Revenue: CIS Shows Strong Growth
CIS reported a notable revenue growth of 16.4% for the first half of 2026, reaching €275.2 million, compared to €236.5 million in the same period in 2025. This growth is even more impressive at 17% if analyzed at constant currency. The second quarter was particularly strong, with revenues rising by 21.2% on a reported basis and 18.4% at constant currency.
The performance was largely driven by robust business in Africa and Eurasia, with reported growth rates of 20% and 17% at constant currency, respectively. However, in the Americas, business declined by 34% mainly due to the ongoing situation in Brazil. Despite this, new contracts in Brazil’s offshore sector hint at potential recovery.
Looking ahead, CIS anticipates that newly secured contracts and solid performance in major projects will sustain its growth trajectory into the second half of the year.
R. E.
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