{"id":21310,"date":"2026-11-01T18:57:17","date_gmt":"2026-11-01T17:57:17","guid":{"rendered":"https:\/\/www.greening-group.com\/?p=21310"},"modified":"2026-11-01T19:33:36","modified_gmt":"2026-11-01T18:33:36","slug":"new-greening-9m-2026-results-revenue-ebitda","status":"publish","type":"post","link":"https:\/\/www.greening-group.com\/en\/new-greening-9m-2026-results-revenue-ebitda\/","title":{"rendered":"NEW GREENING ACHIEVES \u20ac201 MILLION IN REVENUE AND \u20ac19 MILLION IN EBITDA THROUGH SEPTEMBER, RECORDING GROWTH FOR THREE CONSECUTIVE QUARTERS"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21310\" class=\"elementor elementor-21310\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-552e7dfe e-flex e-con-boxed e-con e-parent\" data-id=\"552e7dfe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16469128 elementor-widget elementor-widget-text-editor\" data-id=\"16469128\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul data-spread=\"false\" data-pm-slice=\"3 1 []\"><li><p><strong>Aggregated revenue reached \u20ac201 million between January and September, up 75% from \u20ac115 million in the same period last year, primarily driven by improved performance across existing businesses and the integration of complementary new businesses.<\/strong><\/p><\/li><li><p><strong>Aggregated EBITDA for the first nine months amounted to \u20ac19 million, representing a 10% margin on revenue, supported by efforts to capture synergies in structural and general service costs, as well as higher execution volumes.<\/strong><\/p><\/li><li><p><strong>New Greening completed four integrations during the year and launched a far-reaching Group restructuring to unlock efficiencies and fully provision businesses that are not profitable.<\/strong><\/p><\/li><li><p><strong>The company has launched an Efficiency and Competitiveness Plan delivering \u20ac15 million in savings in 2026, with further improvements expected in the coming quarters.<\/strong><\/p><\/li><li><p><strong>Energy Solar Tech, integrated into the Group in July, contributed \u20ac36 million in revenue and \u20ac5 million in EBITDA during the first nine months of the year.<\/strong><\/p><\/li><li><p><strong>New Greening held its Extraordinary General Shareholders\u2019 Meeting last Friday, appointing four new directors to strengthen the independence of the Board of Directors and support the company\u2019s new phase.<\/strong><\/p><\/li><li><p><strong>New Greening expects to close 2026 with aggregated revenue of between \u20ac275 million and \u20ac300 million and EBITDA of between \u20ac22 million and \u20ac25 million.<\/strong><\/p><\/li><\/ul><p><strong>Madrid, 2 November 2026<\/strong><\/p><p data-pm-slice=\"1 1 []\">New Greening today published its half-year financial results, together with an update on its performance from January to September 2026. During the nine-month period, the company achieved aggregated revenue of \u20ac201 million, up 75% compared with the same period last year. Aggregated EBITDA reached \u20ac19 million in the first nine months of 2026, representing a margin of 10%.<\/p><p><strong>9M 2026 Trading Update: Growth accompanied by improved profitability<\/strong><\/p><p>Reported revenue for the period reflects the consolidation of businesses incorporated into the Group throughout the year. Of the total, \u20ac132 million came from <strong>Greening<\/strong>, \u20ac36 million from <strong>Energy Solar Tech<\/strong> and \u20ac34 million from <strong>Lidera<\/strong>, the Group\u2019s integrated energy retail business.<\/p><p>EBITDA improved across all the Group\u2019s key geographies, particularly in the United States, as well as in the services and equipment businesses serving consumers and data centres. The EBITDA margin reached 10% over the first nine months of the year.<\/p><p>Pablo Ot\u00edn, CEO of New Greening, commented:\u00a0<em>\u201cBusiness performance is improving across the board, and across all our key geographies. Our businesses are delivering: from energy retail through Lidera, to services through GreenSol, and the recurring outsourcing and electrical substation business at Energy Solar Tech. Together, they are laying the foundations for a new phase of growth. This is complemented by a more efficient organisational structure and financial discipline. 2026 marks a turning point. We are embarking on a new cycle.\u201d<\/em><\/p><p><strong>Efficiency and financial discipline<\/strong><\/p><p>New Greening has launched an <strong>efficiency plan<\/strong> covering all levels of the organisation. The Efficiency and Competitiveness Plan targets cost reductions of up to \u20ac30 million over the 2025\u20132027 period, of which \u20ac15 million relates to 2026. The plan is built around two main pillars: organisational simplification and operating cost optimisation. By the end of September, structural costs had been reduced by 47% and operating costs by 54%.<\/p><p>At the same time, the company is <strong>withdrawing from non-strategic markets<\/strong> and concentrating its resources on higher-return projects. These corporate actions include the closure of operations in France and Morocco, divestments in Germany and the sale of non-strategic business units. The corporate structure has also been reviewed to eliminate duplication across teams, while general expenses and external service costs have been reduced.<\/p><p>The company has also made significant progress in <strong>reducing its debt<\/strong>. New Greening has submitted a debt restructuring proposal to its financial institutions. The process involves 14 lenders and is at an advanced stage of negotiations. The aim is to reach an agreement in the fourth quarter of the year, extending maturities, reducing the cost of debt and strengthening the Group\u2019s financial flexibility. At the end of September 2026, the Group\u2019s net debt stood at \u20ac145 million. The planned sale of the Mexican assets is expected to have a direct and significant impact on reducing net debt.<\/p><p><strong>Laying the foundations for a new phase<\/strong><\/p><p>In 2026, <strong>New Greening<\/strong> completed four strategic integrations across energy generation and retail, premium engineering and construction services, energy storage, and new technologies tailored to the energy sector.<\/p><p><strong>EiDF<\/strong> will complete its far-reaching restructuring in the fourth quarter of 2026 to adapt its structure to its new business profile. As a precautionary measure, 100% of the potential impact of the transaction has been provisioned. EiDF will focus on cash-generating businesses, and its General Shareholders\u2019 Meeting will renew its governing bodies in due course.<\/p><p><strong>Nagini<\/strong> is being integrated into the <strong>Lidera<\/strong> energy retail platform. It will contribute more than 800 GWh of energy sales and 30,000 corporate customers, and is expected to generate over \u20ac100 million in revenue and \u20ac7 million in EBITDA in 2026. In addition to energy supply, Lidera\u2019s main growth drivers include demand management, energy storage and industrial hybridisation systems, and self-consumption solutions. These services will support its development into a comprehensive energy management platform.<\/p><p><strong>Energy Solar Tech<\/strong> has an operational asset base generating annualised revenue, alongside established activities in data centres and electrical substations. During the first nine months of 2026, the company contributed \u20ac36 million in revenue and \u20ac5 million in EBITDA to the Group. Greening completed the integration of Energy Solar Tech in July 2026, following an acceptance rate of more than 92%.<\/p><p>The Group\u2019s companies have a combined portfolio of 128 MW of operational wind, photovoltaic and self-consumption assets, providing recurring cash flows to the Group and supplying part of <strong>Lidera\u2019s<\/strong> energy retail requirements.<\/p><p><strong>2026 year-end outlook<\/strong><\/p><p><strong>New Greening<\/strong> expects to close 2026 with aggregated revenue of between \u20ac275 million and \u20ac300 million and EBITDA of between \u20ac22 million and \u20ac25 million.<\/p><p>In addition, the Group expects its leverage ratios to stand below 6x for net financial debt to 2026 EBITDA and below 4x for corporate non-recourse debt to 2026 EBITDA.<\/p><p><strong>Invitation: 9M 2026 Trading Update webcast<\/strong><\/p><p>New Greening will host a webcast on <strong>3 November 2026 at 10:00 a.m. CET<\/strong> to present its trading update for the first nine months of 2026.<\/p><p>Registration: <a href=\"https:\/\/events.teams.microsoft.com\/event\/56b7b0f3-dfd2-423c-adbc-c006b05db510@12150ffe-81fd-47e5-9e11-173cf791339b\">Register for the webcast<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Aggregated revenue reached \u20ac201 million between January and September, up 75% from \u20ac115 million in the same period last year, primarily driven by improved performance across existing businesses and the integration of complementary new businesses. Aggregated EBITDA for the first nine months amounted to \u20ac19 million, representing a 10% margin on revenue, supported by efforts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21311,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[537,1],"tags":[],"class_list":["post-21310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greening-group","category-sin-categoria"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Greening Reports Trading Update 9M 2026<\/title>\n<meta name=\"description\" content=\"New Greening achieves \u20ac201M in revenue and \u20ac19M in EBITDA in 9M 2026, delivering 75% revenue growth and a 10% EBITDA margin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greening-group.com\/en\/new-greening-9m-2026-results-revenue-ebitda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Greening Achieves \u20ac201M Revenue and \u20ac19M EBITDA Through September\" \/>\n<meta property=\"og:description\" content=\"New Greening reports 75% revenue growth in the first nine months of 2026, reaching \u20ac19M in EBITDA with a 10% margin. 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