United Group reports 11% revenue growth in H1 2026

United Group reported strong financial results for the first half of 2026, with total revenues increasing by 11% to €1.45 billion. Adjusted EBITDAaL rose by 12% to €487.5 million, maintaining a margin of 33.6%.

The group's Greek subsidiary, Nova, emerged as a primary growth driver, recording a 23% revenue increase to €531.6 million. Nova's adjusted EBITDAaL grew by 31% to €189.7 million, supported by a 13% rise in blended ARPU within its owned network. While capital expenditures decreased across the wider group by 14%, investments in Greece specifically rose to €151 million.

United Group is transitioning to a portfolio management model organized into three sectors: telecommunications, media, and infrastructure & ventures. As part of a strategic divestment from non-core assets, the group recently completed the sale of its 50% stake in Nova ICT to IREON.