Enaex reports 27% revenue growth in first half of 2026

Enaex, a subsidiary of the Sigdo Koppers group, reported a 27% increase in revenue for the first half of 2026, totaling US$1,277.7 million. The company's financial results show growth across multiple regions, including a 29% increase in Latin America, 18% in Europe, and 23% in Africa and Oceania.

During this period, the company's EBITDA reached US$205.6 million, a 14% increase compared to the previous year, with a profit of US$102.3 million. These figures reflect improved operational efficiency and profitability. Following these results, Fitch Ratings ratified the company's risk rating at ‘AA (CL)’.

A key milestone in Enaex's internationalization strategy was the signing of an agreement with N. A. N. Partners to develop an explosives company in India, marking the company's entry into the Indian market.