SWDY stock holds steady as Elsewedy Electric revenue grows in H1 2026

SWDY stock from Elsewedy Electric is trading steadily while the Egyptian group reports higher revenue and profit for H1 2026 and investors watch its regional power and cables projects.

Elsewedy Electric stock (SWDY, ISIN EGS38511C011) is trading steadily as of early September 2026, with investors focusing on the company’s reported revenue and profit growth for the first half of 2026 and its ongoing role in power and infrastructure projects across the Middle East and Africa.

Operations and earnings momentum in 2026

For the first half of 2026, Elsewedy Electric has reported higher consolidated revenue compared with the same period a year earlier, reflecting increased demand for turnkey power projects and cable solutions in its core markets. In H1 2026, management highlighted that revenue rose at a double digit rate versus H1 2025, underpinned by grid expansion and industrial investment in the region.

Net profit attributable to shareholders also improved in H1 2026 compared with H1 2025, with margins supported by a shift toward higher value added turnkey projects and energy solutions. The company pointed to disciplined project selection and cost control as reasons why profit grew faster than revenue on a year over year basis in the latest half year period.

Balance sheet, cash flow and guidance

Elsewedy Electric entered 2026 with a solid balance sheet, and for H1 2026 the group reported positive operating cash flow as project collections improved relative to the prior year. Management indicated that the ratio of net debt to EBITDA for the latest twelve months remained at a conservative level, allowing the group to continue bidding for large infrastructure projects without overstretching its finances.

For the full fiscal year 2026, the company is targeting further revenue growth versus 2025, supported by its backlog in transmission, distribution and renewable energy projects. The order book at the end of H1 2026 covered a substantial portion of expected revenue for the next 12 to 18 months, giving investors more visibility on near term activity levels.

Key products and project footprint

Elsewedy Electric generates revenue from a mix of power cables, transformers, electrical products and turnkey engineering, procurement and construction projects. The company continues to expand its presence in high voltage cable systems and substations used in national grid upgrades and cross border interconnection projects in North Africa and the Gulf region.

Stock level and market perspective

On its primary listing on the Egyptian Exchange, Elsewedy Electric stock (SWDY) is trading around recent levels as of early September 2026, leaving the shares within their observed 52 week trading range for the period. For investors, the combination of H1 2026 revenue and profit growth and a solid order backlog remains central to the medium term equity story.

Elsewedy Electric facts at a glance

• Company: Elsewedy Electric
• ISIN: EGS38511C011
• Ticker: SWDY
• Trading venue: Egyptian Exchange
• Sector / Industry: Electrical equipment and engineering
• Index membership: Local Egyptian equity index