Spie stock gets a debt reset as SPIE repurchases 70 percent of notes
Published on 10/04/2026 at 23:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Spie stock (ISIN FR0012757854) was last at EUR 41.30 on Euronext Paris on October 2, 2026, up 0.58 percent from the prior session. The latest balance-sheet catalyst is SPIE's repurchase of 2,801 convertible notes, equal to 70 percent of the original 2028 ORNANE issue, according to Yahoo Finance on September 24, 2026.
Convertible overhang gets smaller
The accepted notes had a principal amount of EUR 280.1 million and will be cancelled. SPIE said the transaction carried a total consideration of EUR 388 million, while the remaining 1,073 notes are scheduled for early redemption on October 22, 2026, according to Yahoo Finance.
The refinancing combines that liability management with a EUR 500 million sustainability-linked bond due in 2032. The notes carry a 4.875 percent coupon, and the new debt was intended to refinance part of SPIE's existing obligations, according to MarketScreener on September 22, 2026.
Revenue and margins moved higher
SPIE's first-half 2026 revenue reached EUR 5.157 billion, an increase of 3.6 percent from the prior-year period. EBITA rose 6.9 percent to EUR 321 million, while the EBITA margin expanded by 20 basis points to 6.2 percent, according to Yahoo Finance in the July 30, 2026 earnings call transcript.
The operating picture was uneven. Germany grew 4.6 percent in the first half, Central Europe expanded 13.9 percent, and France increased 1.2 percent, while Global Services Energy revenue declined 4.6 percent. The contrast makes execution in energy transition, data centers and nuclear services important as weaker fiber activity weighs on France.
Spie stock stays near its yearly low
SPIE stock traded between EUR 40.74 and EUR 41.46 on October 2, 2026, while its 52-week range was EUR 40.74 to EUR 53.45. Volume was 430,223 shares and market capitalization was EUR 7.0 billion on the same date.
The next scheduled balance-sheet checkpoint is October 22, 2026, when the remaining 2028 ORNANEs are due for early redemption. SPIE stock therefore combines improving first-half profitability with a refinancing process that still leaves a defined conversion deadline.
Spie stock key facts
- Company: SPIE SA
- ISIN: FR0012757854
- Ticker: SPIE
- Trading venue: Euronext Paris
- Price (as of October 2, 2026, 5:35 p.m. CEST): EUR 41.30
- Market capitalization: EUR 7.0 billion (as of October 2, 2026)
- 52-week range: EUR 40.74-EUR 53.45 (as of October 2, 2026)
- Sector / Industry: Industrials / Engineering and Construction
Upcoming dates for Spie stock
- October 13, 2026: final date for conversion or exchange requests on remaining 2028 ORNANEs
- October 22, 2026: early redemption date for remaining 2028 ORNANEs
- October 30, 2026: next earnings report
