ElvalHalcor launches buyback as analysts rate ElvalHalcor stock Buy

Published on 10/05/2026 at 06:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 2.20 billion, up 18.00 percent. ElvalHalcor stock has 2 Buy ratings and a EUR 4.90 average target.

ElvalHalcor, GRS281003004, Illustration mit AI erstellt.

ElvalHalcor (ISIN GRS281003004) announced a share repurchase on September 28, 2026, while two analyst ratings list the stock as Buy. The half-year 2026 figures add scale to the story: revenue reached EUR 2.20 billion, up 18.00 percent.

Buyback follows capital actions

ElvalHalcor dated the latest own-share acquisition announcement September 28, 2026. The announcement sits alongside earlier repurchase notices dated September 21 and September 14, showing a sequence of capital-market actions during the month.

The broader repurchase plan covers 37,524,158 shares, representing 10.00 percent of issued share capital, according to MarketScreener. For investors, the key distinction is between the announced ceiling and the number of shares actually acquired, because the latter determines the immediate effect on the share count.

Revenue growth meets lower leverage

ElvalHalcor reported first-half 2026 revenue of EUR 2.20 billion, an 18.00 percent increase, while adjusted EBITDA rose 7.00 percent to EUR 143.00 million, according to Investing.com. Net debt stood at EUR 548.00 million, and leverage improved to 2.20 times from 2.40 times.

The operating comparison is important: revenue growth exceeded adjusted EBITDA growth by 11.00 percentage points. Free cash flow reached EUR 97.00 million in the first half of 2026, giving the balance sheet a measurable counterweight to the capital return program.

Scale remains visible in 2025 figures

The company reported consolidated 2025 revenue of EUR 3.60 billion, total exports of EUR 3.40 billion and a-EBITDA of EUR 236.00 million on its investor-relations page. It also shipped 600,000 tons, including 428,000 tons from aluminum and 172,000 tons from copper.

That mix explains why the half-year update matters beyond the headline revenue figure. Aluminum volume increased 7.00 percent, while copper remained stable, according to the results summary carried by Investing.com. The company therefore combines volume expansion with a product mix that management is steering toward higher-value applications.

Prior close remains EUR 3.81

The prior close at Lang & Schwarz was EUR 3.81 for October 2, 2026. A dated market page lists two Buy ratings and an average 12-month target of EUR 4.90, while ElvalHalcor remains listed under ticker ELHA on the Athens Stock Exchange.