Semapa reports EUR 570.10 million profit and Semapa stock costs EUR 19.41

Published on 10/19/2026 at 09:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net debt fell to EUR 27.00 million by June 30, 2026. Semapa stock costs EUR 19.41 on October 19, 2026, below its EUR 24.70 52-week high.

Balance sheet reset shapes valuation

First-half profit attributable to shareholders reached EUR 570.10 million, including a EUR 516.20 million capital gain.
Simply Wall St reported a consensus target increase from EUR 27.83 to EUR 28.43 on October 18, 2026.
Semapa stock trades at EUR 19.41 at 9:07 a.m. CEST at Lang & Schwarz on October 19, 2026.

Semapa, PTSEM0AM0004, Illustration mit AI erstellt.

Semapa (PTSEM0AM0004) reported EUR 570.10 million in profit attributable to shareholders for the first half of 2026, including a EUR 516.20 million provisional capital gain from the Secil disposal. The report dated July 30, 2026, also showed net debt of EUR 27.00 million after the transaction, according to MarketScreener.

Three steps reshaped the portfolio

On December 19, 2025, Semapa signed the agreement to sell Secil to Cementos Molins for EUR 1.081 billion, as reported by MarketScreener. On March 23, 2026, the company completed the sale for the same cash consideration. On July 30, 2026, its first-half report put shareholder profit at EUR 570.10 million.

The headline profit figure is therefore not a clean measure of recurring operations. Excluding the provisional capital gain, profit attributable to shareholders was EUR 53.90 million, down from EUR 89.50 million in the first half of 2025, while consolidated revenue fell 8.70 percent to EUR 979.10 million.

What does the debt reset mean?

The balance-sheet change is the clearest financial consequence of the sale. Interest-bearing net debt fell from EUR 1,006.10 million at the end of 2025 to EUR 27.00 million on June 30, 2026, a reduction of 97.32 percent, while cash stood at EUR 1,066.00 million, according to MarketScreener. That gives Semapa greater financial capacity, but operating pressure remains visible in EBITDA, which declined 29.40 percent to EUR 156.80 million in the first half.

Consensus expectations provide a separate valuation reference. Simply Wall St reported on October 18, 2026, that the consensus price target increased from EUR 27.83 to EUR 28.43, while the 2026 revenue forecast was cut from EUR 2.35 billion to EUR 2.09 billion, showing that balance-sheet strength and operating expectations are moving in different directions.

Next reporting date

Semapa is scheduled to publish results for the first nine months of 2026 on November 4, 2026, according to Ideal Investisseur.

Price stays below its yearly high

The next report will help investors distinguish the one-off disposal gain from the performance of Navigator and Semapa's other businesses. At 9:07 a.m. CEST, the stock was trading at EUR 19.41 at Lang & Schwarz on October 19, 2026. The quote was below the EUR 24.70 52-week high and the market capitalization was EUR 1.6 billion as of October 16, 2026.

The further course of trading is shown by the continuously updated real-time quote of Semapa stock.