# European energy firms H1 2026 earnings > Live situation record from CLSTR: https://clstr.news/situations/european-energy-firms-h1-2026-earnings > Updated: 2026-08-04T21:05:00.000Z. Sources: 10. Developments: 2. In late July 2026, French energy group Engie announced a 13.7% rise in first‑half net profit to €3.3 billion and lifted its 2026 recurring net‑profit target to €4.9‑5.5 billion. The outlook upgrade was supported by the recent €19 billion acquisition of UK Power Networks, which is expected to add €600‑800 million of annual EBIT, and by strong performance in Peru, including the start of a 140.8 MW solar plant. A few days later, Greek infrastructure company Cenergy Holdings reported a 13% increase in H1 revenue to €1.153 billion, with adjusted EBITDA up 26% to €216 million and net profit up 45% to €138 million. The firm raised its 2026 adjusted EBITDA guidance to €390‑€420 million, citing a robust order backlog and a €1.15 billion framework agreement for Greek island electricity interconnections. Both companies highlighted solid first‑half results and used the momentum to raise their 2026 financial outlooks, underscoring a broader trend of strong earnings and optimistic guidance among European energy‑related firms. ## Timeline ### 2026-08-04: Cenergy Holdings posts strong H1 2026 results and lifts EBITDA outlook Cenergy Holdings posted 13% revenue growth to €1.153 bn, adjusted EBITDA up 26% to €216 m and net profit up 45% to €138 m in H1 2026, raising its 2026 EBITDA target to €390‑€420 m; NBG Securities kept an Out‑of 4 sources. https://clstr.news/cluster/cenergy-holdings-posts-strong-h1-2026-results-and-lifts-ebitda-outlook ### 2026-07-30: Engie raises 2026 profit outlook after strong first‑half earnings and UK Power Networks deal Engie lifts its 2026 profit outlook after a 13.7% H1 net‑profit rise, revises targets upward, completes a €19 bn UK Power Networks acquisition, eyes European gas‑plant tenders, and reports strong results in its 6 sources. https://clstr.news/cluster/engie-lifts-earnings-outlook-after-uk-power-networks-acquisition-and-hits-record-employee-share-plan --- Cite as: European energy firms H1 2026 earnings. CLSTR, https://clstr.news/situations/european-energy-firms-h1-2026-earnings