GEVORKYAN’s Key Events in H1 2026:
• Revenue increased by 18% year-over-year to nearly 50 million EUR
• EBITDA exceeded 15 million EUR, representing a 9% year-over-year increase
• The EBITDA margin reached 30%
• Net income rose 34% year-over-year to nearly 4 million EUR
GEVORKYAN, a.s., a European leader in the field of powder metallurgy, announces selected financial and operating results for the first half of 2026.
In the first six months of 2026, the company reported revenue of 49.8 million EUR, representing a year-over-year increase of 18.18%. EBITDA rose by 9.19% to EUR 15.04 million, with an EBITDA margin of 30.19%. In the first half of 2026, GEVORKYAN also reported operating EBIT of 6.68 million EUR, a year-over-year increase of 29.06%, and net income (EAT) rose by 34.50% to 3.97 million EUR.
The successful completion of a two-year development project, combined with an acquisition in Italy, has brought the company new projects in the aerospace industry, particularly in the aircraft and unmanned systems segments. GEVORKYAN, a.s. has obtained EN 9100 certification for the aerospace and defense industries, which places it in the global OASIS database used by certified suppliers and customers in these sectors.
Following a successful acquisition, the Italian plant Gevorkyan Sinteris Italia is now supplying the Rheinmetall Group; however, these are not directly weapon parts, but rather components intended for military equipment.
You can find the full interim report for H1 2026 here.
About GEVORKYAN
GEVORKYAN, a.s. is a leading European powder metallurgy company, a global supplier to large multinational companies and one of the most innovative companies in this sector in the world. For more information, please visit www.gevorkyan.eu.
Contact
Financial affairs: Andrej Bátovský, andrej.batovsky@gevorkyan.sk
Media: Alexandra Hazuchová, marketing@gevorkyan.sk
Statement
This document does not constitute an offer or a solicitation to sell or purchase securities. The information contained in this document is for informational purposes only; for context and clarification, we recommend contacting the aforementioned representative of GEVORKYAN, a.s. The public offering of shares in the Czech Republic was conducted on the basis of a share prospectus prepared in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council (EU) 2017/1129, which is available on the website of GEVORKYAN, a.s.
This document contains “forward-looking statements” that can be identified by terms such as “may,” “will,” “expects,” “believes,” “estimates,” and the like, and which relate to strategic priorities, performance, growth, transactions, or market trends. They are subject to risks and uncertainties, and actual results may differ materially. The projections contained in this document are based on GEVORKYAN management’s best estimates regarding the company’s strategic and financial situation and future market conditions, trends, and other possible developments. These considerations involve risks and uncertainties. Actual results may differ materially from these statements due to, among other things: further escalation of the war in Ukraine, including additional sanctions and counter-sanctions; demand for GEVORKYAN’s products and services and their market acceptance; our plans regarding dividend policy and dividend payments, as well as our ability to obtain loans, transfers, or other payments or guarantees from financial institutions; regulatory changes affecting the metallurgical industry and the powder metallurgy sector; litigation or disputes with third parties or regulatory authorities, or other adverse developments involving such parties; the impact of export controls and laws affecting trade and investment on our ability and the ability of significant third-party suppliers to purchase goods, software, or technologies necessary for the products and services we provide to our customers, including those arising from tariffs or other trade measures imposed in the countries where we operate; other risks beyond the Company’s control or failure to meet expectations regarding various strategic priorities, the impact of exchange rate fluctuations, and increased competition in the markets in which GEVORKYAN operates.
NOTICE TO READERS: THE FINANCIAL INFORMATION PRESENTED HEREIN
Unless otherwise stated, GEVORKYAN’s results and other financial information presented in this document have been prepared in accordance with International Financial Reporting Standards (“IFRS”) based on internal management reports, for which management is responsible, and have not been externally audited, reviewed, or verified. Therefore, you should not place undue reliance on this information. This information may not be indicative of actual results in any future period.