The firm’s adjusted EBITDA reached €9.0 million, bolstered by a €1.7 million accrual release, significantly outperforming the €2.2 million threshold. Cash reserves currently sit at €31.4 million, while property, plant, and equipment were valued at €65.0 million following a post-merger adjustment to depreciation policies.

Despite the positive performance markers, the report includes a qualification from auditors PriceWaterhouseCoopers. The firm noted issues regarding the comparability of 2025 figures against 2024 results. This stems from a previous disclaimer of opinion on the 2024 statements, where €12.0 million in post-merger corrections could not be definitively allocated due to the loss of historical records and personnel during the company’s restructuring phase.