The results were supported by infrastructure and renewable energy projects carried out during the period, export activity and participation in international tender-based projects, including deliveries dedicated to the reconstruction of Ukraine's energy infrastructure, as well as by the production of low- and medium-voltage electrical equipment. Export activity represented 26.2% of the company's total revenues in Q1 2026.
Ștefan Petrea, CEO of Electro-Alfa International, stated: "The first quarter of 2026 confirms the continued development of the company, supported by long-term investments in production capabilities, human capital and client relationships. Following the company's listing on the stock exchange, we are entering a new stage of development with a strengthened financial position. This gives us the flexibility to support future investments, expand our operational capabilities, target more complex projects and evaluate strategic opportunities."
As of the end of Q1 2026, Electro-Alfa International's total equity stood at €764.6 million. The company held €137 million in cash and cash equivalents, in addition to €430 million in short-term bank deposits placed from the proceeds attracted through the IPO completed in February 2026.
The Manufacturing segment remained the main contributor to revenues and profitability, generating external revenues of €89.9 million in Q1 2026, up 24% year-on-year. The EPC Services segment generated external revenues of €45.1 million in Q1 2026, compared to €47.7 million in Q1 2025, while operating profit increased to €3.3 million from €0.8 million in the corresponding period of the previous year.
