EUROCELL PLC - Half year results for the six months ended 30 June 2026

Eurocell PLC delivered a resilient performance in the first half of 2026 despite challenging market conditions, with Group revenue increasing 6% to £205m and adjusted operating profit rising 10% to £11.1m. Organic volumes grew 1%, supported by improving sales momentum in Q2 that has continued into the second half, while the branch network recorded 5% sales growth and strategic initiatives gained traction, including a 29% increase in windows and doors and 49% growth in e-commerce sales. Alunet continued to perform strongly following its acquisition, contributing £28.4m of revenue and £4.0m of adjusted operating profit.  Eurocell remains focused on its growth strategy while improving margins and operational efficiency, with restructuring programmes expected to deliver more than £5m of annual cost savings and £2m of benefits in 2026. The Group also acquired ATT to support its extended living strategy and capture additional end-to-end margin from garden room sales.  With strong cash generation, leverage of 0.8x EBITDA, good headroom under its £75m debt facility and a 9% increase in the interim dividend, Eurocell enters the second half with a robust balance sheet and continued focus on cost control, market share gains, digital transformation and profitable long-term growth.