# Cenergy Holdings earnings outlook

> Live situation record from CLSTR: https://clstr.news/situations/cenergy-holdings-earnings-outlook
> Updated: 2026-08-02T21:00:42.000Z. Sources: 4. Developments: 2.

In late July, Euroxx Securities reaffirmed a €26.5 target price for Cenergy Holdings and projected a 26% upside, citing higher profit margins, a growing project backlog and the upcoming start‑up of a new production plant in Maryland, USA, expected in 2028. The firm forecasted 2026 EBITDA of €415.2 million and a 29% rise in net profit, presenting the recent share correction as an entry point for investors.

A week later, Cenergy reported a 45% jump in first‑half 2026 net profit to €138 million, with sales up 13% year‑on‑year. Adjusted EBITDA rose 26% to €216 million, and the company lifted its 2026 EBITDA guidance to €390‑€420 million. The results were driven by a record €3.9 billion order backlog, including a €1.15 billion framework agreement with Greek grid operator ADMIE for inter‑island connections, and the anticipated capacity from the Maryland cable‑manufacturing plant and a new steel‑pipe facility in the United Kingdom.

## Timeline

### 2026-08-02: Cenergy Holdings posts 45% profit jump, raises 2026 EBITDA outlook

Cenergy Holdings posted a 45% rise in H1 2026 net profit to €138 m, sales of €1.15 bn and adjusted EBITDA of €216 m, and lifted its 2026 EBITDA outlook to €390‑€420 m after a record €3.9 bn order backlog spiked

4 sources. https://clstr.news/cluster/cenergy-holdings-posts-45-profit-jump-raises-2026-ebitda-outlook

### 2026-07-23: Euroxx sets Cenergy target at €26.5, forecasts 26% upside

Euroxx keeps Cenergy target at €26.5, sees 26% upside, predicts €415 m EBITDA in 2026 and highlights a new US plant.

2 sources. https://clstr.news/cluster/euroxx-sets-cenergy-target-at-265-forecasts-26-upside

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Cite as: Cenergy Holdings earnings outlook. CLSTR, https://clstr.news/situations/cenergy-holdings-earnings-outlook