Space Hellas, GRS402003008

Space Hellas announces EUR 5.00 million bond: what it means for Space Hellas stock

Published on 10/02/2026 at 04:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half turnover rose 8.21 percent to EUR 77.90 million year over year. For Space Hellas stock this means a five-year bond term.

Space Hellas, GRS402003008, Illustration mit AI erstellt.

Space Hellas (GRS402003008) announced a EUR 5.00 million bond on October 1, 2026, according to Euro2day. The five-year loan is intended to cover working capital needs, making financing and cash conversion central issues for the stock after the latest half-year figures.

Revenue rises in first half

According to Euro2day on September 30, 2026, consolidated turnover reached EUR 77.90 million in the first half of 2026, compared with EUR 72.00 million in the first half of 2025. The resulting year-over-year increase was 8.21 percent, while EBITDA held at EUR 9.30 million against EUR 9.30 million.

Profit after tax rose to EUR 1.70 million in the first half of 2026 from EUR 1.50 million in the comparable period, an increase of 13.40 percent, the same report said. Consolidated profit before tax reached EUR 2.60 million, compared with EUR 2.20 million a year earlier.

Cash flow offsets earnings growth

The parent company delivered a sharper improvement in the first half of 2026. Turnover increased to EUR 67.50 million from EUR 56.80 million, while EBITDA rose to EUR 7.30 million from EUR 6.70 million, according to Euro2day.

Operating cash flow was negative at EUR 4.50 million in the first half of 2026. Euro2day reported that management expects collections from project receivables to strengthen cash inflows in the second half and targets higher operating and after-tax profitability alongside lower borrowing.

Stock reference and market range

At Lang & Schwarz, the prior close for Space Hellas was EUR 8.22 on September 30, 2026. The 52-week range was EUR 5.78 to EUR 9.50 as of October 2, 2026, while market capitalization stood at EUR 60.7 million.