on Allterco JSCo (isin : BG1100003166)
Shelly Group Reports Revenue Growth in First Half of 2026
On July 13, 2026, Shelly Group SE announced a significant increase in revenue for the first half of 2026. The company reported a 27% year-on-year growth, achieving approximately EUR 68.3 million through sales of Shelly devices and related services. This performance aligns with Shelly Group's original internal expectations, demonstrating steady financial progress.
Shelly Group's liquidity position has improved notably in the second quarter of 2026. Cash and cash equivalents rose by about 62% compared to the previous quarter and by 72% year-on-year. This growth is primarily attributed to the positive trends in operating cash flow and the normalization of trade receivables. The company is nearing its year-end cash position target of EUR 35-45 million.
The unaudited consolidated financial results for the first half of 2026 will be released on August 12, 2026, following the close of trading.
R. E.
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