Cenergy is moving forward immediately with a €150 million placement. According to information from Euro2day.gr, the process will begin immediately.
It should be noted that on Friday, NBG Securities significantly raised its target price to 28.40 euros from 15.40 euros, maintaining its “Outperform,” as it believes that the value of the group’s major investments is now increasingly reflected in its financial results.
In terms of financial figures, first-quarter sales amounted to 511 million euros for the first quarter of 2026 (a 5% increase compared to the first quarter of 2025). Operating profitability (adjusted EBITDA, a-EBITDA) reached 100.4 million euros, 33% higher than the corresponding quarter last year, with profit margins at 19.7%.
Net income after taxes amounted to €74 million, up 81% compared to the first quarter of 2025.
The order backlog stood at approximately 3.3 billion euros as of March 31, 2026.