{"id":21368,"date":"2026-11-01T18:56:41","date_gmt":"2026-11-01T17:56:41","guid":{"rendered":"https:\/\/www.greening-group.com\/new-greening-reaches-e201m-in-revenue-and-e19m-in-ebitda-through-september-marking-three-consecutive-quarters-of-growth\/"},"modified":"2026-11-03T12:09:34","modified_gmt":"2026-11-03T11:09:34","slug":"new-greening-reaches-e201m-in-revenue-and-e19m-in-ebitda-through-september-marking-three-consecutive-quarters-of-growth","status":"publish","type":"post","link":"https:\/\/www.greening-group.com\/en\/new-greening-reaches-e201m-in-revenue-and-e19m-in-ebitda-through-september-marking-three-consecutive-quarters-of-growth\/","title":{"rendered":"NEW GREENING REACHES \u20ac201M IN REVENUE AND \u20ac19M IN EBITDA THROUGH SEPTEMBER, MARKING THREE CONSECUTIVE QUARTERS OF GROWTH."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21368\" class=\"elementor elementor-21368 elementor-21305\" 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>\n<li><strong>Aggregate revenue reached \u20ac201M in the January to September period, a 75% increase compared with \u20ac115M in the same period of the previous year, mainly driven by an improvement in existing businesses and the incorporation of new complementary businesses.<\/strong><\/li>\n<li><strong>Aggregate EBITDA for the nine-month period amounted to \u20ac19M, with a 10% margin on revenue, driven by efforts to achieve synergies in overhead and general service costs, as well as higher execution volumes.<\/strong><\/li>\n<li><strong>New Greening has completed four integrations during the year and has launched a comprehensive restructuring of the group to unlock efficiencies and fully provision those businesses that are not profitable.<\/strong><\/li>\n<li><strong>The company has launched an Efficiency and Competitiveness Plan that represents savings of \u20ac15M in 2026 and anticipates additional improvements in the coming quarters.<\/strong><\/li>\n<li><strong>Energy Solar Tech, a company integrated in July, contributes \u20ac36M in revenue and \u20ac5M in EBITDA in the first nine months of the year.<\/strong><\/li>\n<li><strong>The Greening Group held its Extraordinary General Shareholders\u2019 Meeting last Friday, with the appointment of four new directors who strengthen the independence of the Board of Directors and mark a new phase for the company.<\/strong><\/li>\n<li><strong>New Greening expects to end 2026 with aggregate revenue of between \u20ac275M and \u20ac300M and EBITDA of between \u20ac22M and \u20ac25M.<\/strong><\/li>\n<\/ul>\n<p><strong>Madrid, November 1, 2026.<\/strong><\/p>\n<p><strong>New Greening<\/strong> today published its semiannual financial results, as well as an update on its results from January to September 2026. During the period through September, the company reached aggregate revenue of \u20ac201M, 75% more than in the same period of the previous year. Aggregate EBITDA stood at \u20ac19M in the first nine months of 2026, with a 10% margin.<\/p>\n<h2>Trading Update 9M2026: Growth with improved profitability<\/h2>\n<p>The revenue reported during the period was generated through the aggregation of the businesses that the company incorporated throughout the period. Of this amount, \u20ac132M corresponds to the <strong>Greening<\/strong> business, \u20ac36M to <strong>Energy Solar Tech<\/strong>, and \u20ac34M to <strong>Lidera<\/strong>, the integrated energy supply business.<\/p>\n<p>EBITDA improved across all of the group\u2019s key geographies, with particular relevance in the United States, and in the services and equipment sector for consumers and data centers. The EBITDA margin reached 10% in the first nine months of the year.<\/p>\n<p>Pablo Ot\u00edn, CEO of New Greening, added: <em>\u201cThe improvement across the businesses is widespread and, moreover, is taking place across all of our key geographies. The businesses are performing: from energy supply through Lidera, to services through GreenSol, to Energy Solar Tech\u2019s recurring outsourcing and substation business, they are laying the foundations for a new phase of growth. To this, we must add a more efficient structure and financial discipline. 2026 marks a turning point. We are starting a new cycle.\u201d<\/em><\/p>\n<h2>Efficiency and financial discipline<\/h2>\n<p><strong>New Greening<\/strong> has launched an <strong>efficiency plan<\/strong> that reaches all levels of the organization. The Efficiency and Competitiveness Plan is expected to reduce costs by up to \u20ac30M during the 2025\u20132027 period, of which \u20ac15M corresponds to 2026. The plan is structured around two areas: organizational simplification and optimization of operating costs. Through September, structural costs have been reduced by 47% and operating costs by 54%.<\/p>\n<p>At the same time, the company is <strong>divesting from non-strategic markets<\/strong> and concentrating its resources on the most profitable projects. These corporate moves include the closure of operations in France and Morocco, divestments in Germany, and the sale of non-strategic business units. In addition, the corporate structure has been reviewed to eliminate duplication across teams, and general and external service expenses have been reduced.<\/p>\n<p>The company has also made significant efforts and progress toward <strong>reducing its debt.<\/strong> The company has submitted a debt restructuring proposal to financial institutions. This process includes 14 institutions and is at a very advanced stage of negotiations. The objective is to reach an agreement in the fourth quarter of the year that extends maturity periods, reduces the cost of debt, and strengthens the group\u2019s financial flexibility. At the end of September 2026, the group\u2019s net debt stood at \u20ac145 million. The future sale of the assets in Mexico will have a direct and very significant effect on reducing net debt.<\/p>\n<h2>The foundations of a new phase<\/h2>\n<p>In 2026, <strong>New Greening<\/strong> completed four strategic additions in energy generation and supply, premium engineering and construction services, storage, and new technologies adapted to the energy sector.<\/p>\n<p><strong>EiDF<\/strong> will complete its comprehensive reorganization during the fourth quarter of 2026 in order to adapt its structure to its new business profile. As a precautionary measure, 100% of the potential impact of the transaction has been provisioned. <strong>EiDF\u2019s<\/strong> activity will focus on cash-generating businesses, and its General Shareholders\u2019 Meeting will renew its governing bodies in the near future.<\/p>\n<p><strong>Nagini<\/strong> is being incorporated into the <strong>Lidera<\/strong> energy supply perimeter and will contribute more than 800 GWh of energy supplied and 30,000 corporate customers. It is estimated to generate more than \u20ac100M in revenue in 2026 and \u20ac7M in EBITDA. <strong>Lidera<\/strong>, in addition to energy supply, has demand management, storage systems or industrial hybridization, and self-consumption solutions as its main growth areas, with the goal of becoming a comprehensive energy management platform.<\/p>\n<p>Regarding <strong>Energy Solar Tech<\/strong>, the company has a base of operational assets that generate annualized revenue and operates in the data center and electrical substation businesses. In the first nine months of 2026, the company contributed \u20ac36M in revenue and \u20ac5M in EBITDA to the Group. Greening completed the integration of Energy Solar Tech in July 2026 with an acceptance rate of more than 92%.<\/p>\n<p>The operating assets of the Group\u2019s companies total 128 MW across wind, photovoltaic, and self-consumption, ensuring recurring cash flows for the Group and supplying part of <strong>Lidera\u2019s<\/strong> energy supply needs.<\/p>\n<h2>Outlook for the end of 2026<\/h2>\n<p><strong>New Greening<\/strong> estimates that it will end 2026 with aggregate revenue levels ranging between \u20ac275M and \u20ac300M and EBITDA between \u20ac22M and \u20ac25M.<\/p>\n<p>In addition, leverage ratios are expected to remain below 6x for 2026 net financial debt vs. EBITDA and below 4x for 2026 non-recourse corporate debt vs. EBITDA.<\/p>\n<h2>Invitation: Trading Update 9M 2026 webcast<\/h2>\n<p>New Greening will hold a webcast on November 3, 2026, at 10:00 a.m. (CET), to present the trading update for the first nine months of 2026.<\/p>\n<p>Registration: <a href=\"https:\/\/events.teams.microsoft.com\/event\/56b7b0f3-dfd2-423c-adbc-c006b05db510@12150ffe-81fd-47e5-9e11-173cf791339b\">registration link<\/a><\/p>\n\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>Aggregate revenue reached \u20ac201M in the January to September period, a 75% increase compared with \u20ac115M in the same period of the previous year, mainly driven by an improvement in existing businesses and the incorporation of new complementary businesses. Aggregate EBITDA for the nine-month period amounted to \u20ac19M, with a 10% margin on revenue, driven [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21367,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[537],"tags":[],"class_list":["post-21368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greening-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Greening presents its 9M2026 trading update<\/title>\n<meta name=\"description\" content=\"New Greening reaches \u20ac201M in revenue and \u20ac19M in EBITDA in 9M 2026, with 75% 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\/new-greening-resultados-9m-2026-ingresos-ebitda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Greening reaches \u20ac201M in revenue and \u20ac19M in EBITDA through September\" \/>\n<meta property=\"og:description\" content=\"New Greening grows by 75% in the first nine months of 2026 and reaches \u20ac19M in EBITDA, with a 10% margin. 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