BELYS H1 revenue down 8.5% YoY to €123.3m; EBITDA margin up
BELYS reported H1 2026 revenue of €123.3m, down 8.5% year-over-year. US growth offset a 20.5% Europe decline. Adjusted EBITDA margin rose to 13.7%, while net leverage increased to 4.95x as net debt reached €147.6m.
H1 2026 revenue declined 8.5% year-over-year to €123.3m, with US growth offset by a 20.5% drop in Europe.
Adjusted EBITDA margin improved to 13.7%, but net leverage rose to 4.95x as net debt reached €147.6m.
US demand remains strong, while Europe stabilizes post-ERP migration.Original document: Bel…