Enter Air reports 18 percent growth: PLN 130.3 million loss shadows Enter Air stock
Published on 10/15/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue growth and earnings pressure
- Enter Air published first-half results on September 30, 2026, with PLN 1.478 billion in revenue.
- Trigon DM set a PLN 72.00 target on September 30, 2026.
- Enter Air stock was last at PLN 48.00 on October 15, 2026 at 1:53 p.m. CEST on the Warsaw Stock Exchange.
Enter Air stock faces a mixed half-year picture after the company reported 18.00 percent revenue growth to PLN 1.478 billion and a PLN 130.3 million net loss on September 30, 2026. The figures came from the company's first-half release published by Strefa Inwestorow.
Revenue grew as profit fell
The revenue increase compared with PLN 1.255 billion in the first half of 2025, while the reported net result moved from a PLN 187.8 million profit to a PLN 130.3 million loss. The release attributed the loss mainly to non-cash foreign-exchange effects on leases and hedging instruments.
Operating cash flow reached PLN 265.5 million in the first half of 2026, while the number of flight operations increased 7.00 percent year over year. Contracts with the four largest customers totaled USD 634.3 million, up 18.00 percent from the comparable period.
What does the target imply?
Parkiet reported on September 30, 2026, that Trigon DM maintained a Buy recommendation and a PLN 72.00 price target. The target is PLN 24.00 above the October 15 quotation, a 50.00 percent difference based on PLN 48.00.
The comparison is important because the second quarter produced PLN 172.4 million of EBITDA against a PLN 169.8 million consensus, according to Bankier.pl. That 1.53 percent EBITDA beat did not prevent the first-half loss, underlining the effect of seasonal operations and currency valuation.
Three dates frame the story
On August 21, 2026, Enter Air paid a PLN 2.50 dividend per share, as reported by GPW Alert. On September 29, 2026, the company published its half-year report. On September 30, 2026, the company highlighted the revenue increase and USD 634.3 million customer contracts.
Dates investors can track
The published half-year reporting date was September 29, 2026. The September 30 release also identified the third quarter as the key seasonal period for fleet utilization and profitability.
Stock quote in Polish zloty
Enter Air's operating expansion is therefore running alongside earnings volatility. On the Warsaw Stock Exchange, the stock was last at PLN 48.00 on October 15, 2026 at 1:53 p.m. CEST; its market capitalization was PLN 842.1 million and its 52-week range was PLN 47.75 to PLN 67.00.
Enter Air stock facts
- Company: Enter Air S.A.
- ISIN: PLENTER00017
- Ticker: ENTER
- Primary exchange: Warsaw Stock Exchange
- Price Warsaw Stock Exchange (as of October 15, 2026, 1:53 p.m. CEST): PLN 48.00
- Market capitalization: PLN 842.1 million (as of October 15, 2026)
- 52-week range: PLN 47.75-67.00 (as of October 15, 2026)
- Sector / Industry: Airlines
Market context: Market report WIG 20.
