Teknia safeguards profitability and increas-es net income in a challenging first half

• The company increased its net income by 16% to 7 million euros, thanks to cost control and prudent financial management

• EBITDA reached 20.3 million euros, with an EBITDA margin of 10% on sales, amid reduced activity in the automotive sector

• The EBITDA-to-cash conversion rate improved to 66%, compared to 56% in the first half of 2025, reinforcing the Group’s financial strength

Elorrio, August 3, 2026 – Teknia, the Spanish multinational specializing in the manufacture of metal and plastic components for the mobility sector, has managed to maintain its profitability, with an EBITDA margin of 10%, while increasing its net income to 7 million euros in the first half of 2026, representing a 16% increase compared to the same period last year. This improvement comes amid challenging conditions for the automotive sector, marked by slowing demand and pressure on production volumes, and reflects the company’s ability to maintain its financial discipline and strengthen cash generation.

Revenue totaled 203.1 million euros, down 8.3% from the first half of 2025, in an environment marked by slowing demand and the uncertainty that continues to affect the automotive sector, particularly in Europe. EBITDA stood at 20.3 million euros, down 14.2% from the same period last year, resulting in a sales margin of 10%. Thus, despite lower activity, the company protected its profitability thanks to operational efficiency, geographic diversification, and disciplined cost management.

The EBITDA-to-cash conversion rate improved to 66%, compared to 56% in the same period of the previous year, while the net debt-to-EBITDA ratio remained stable at 1.8x. Investments decreased from 12.2 million euros in the first half of 2025 to 8.7 million euros in the same period of 2026, prioritizing more selective projects focused on efficiency and profitability. This trend reflects greater control over spending and prudent financial management amid a climate of uncertainty.

Therefore, during the first half of 2026, Teknia continued to make progress on efficiency measures and operational optimization. The focus on investment discipline, industrial efficiency, and prudent working capital management enabled the company to improve cash generation and maintain a balanced financial position, even amid lower business volumes.

Teknia reaffirms its BB+ Financial Rating

Meanwhile, the rating agency Ethifinance reaffirmed Teknia’s overall BB+, highlighting the company’s ability to adapt effectively to a complex industry environment over the past few fiscal years, which reinforces its credit quality. The report notes that Teknia has a sound financial profile, highlighted by its debt containment and the Group’s progress in adopting ESG policies.

Nieves García Zalama, Teknia’s CFO, commented that “these results demonstrate Teknia’s ability to adapt to a demanding environment while maintaining financial discipline and strengthening cash generation. Although the sector continues to be affected by the slowdown in vehicle production volumes, the Group continues to make progress in operational efficiency and prudent management, which allows us to further strengthen our competitive and financial position in the sector.”