sur AFYREN (EPA:ALAFY)
AFYREN Reports 2026 Half-Year Financial Results
On September 24, AFYREN announced its half-year financial results for 2026, highlighting key strategic steps. The company bolstered its industrial profile by acquiring full ownership of its NEOXY plant for €11.3 million, emphasizing its focus on ramping up production. This year saw a substantial plant optimization in June and subsequent increases in production and billings. AFYREN aims to double NEOXY's revenue in the latter half of 2026.
The company also enhanced its market position through certified offerings and alignment with industry trends. It secured €12.5 million in venture debt financing from BNP Paribas and a €3 million grant from the European Just Transition Fund. With a cash position of €17.3 million, AFYREN is advancing plans for profitability by completing investment programs aimed at plant efficiency.
R. H.
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