STIF Reports Strong Half-Year Growth for 2026

STIF, a specialist in explosion protection, has announced impressive financial results for the first half of 2026. The company recorded a consolidated revenue of €55.3 million, reflecting a 50.8% increase from the previous year. This surge is despite a negative currency impact of €1.5 million. EBITDA also saw a significant jump, rising 37.6% to €12.6 million.

The company's operating income grew by 32.3%, reaching €11.1 million. Net income attributable to the Group was €7.5 million, a rise of 17.5%. As of June 30, 2026, STIF reported available cash of €19.5 million and net debt at €26.3 million, with a gearing ratio of 0.7.

Looking forward, STIF has set a revenue target of €110 million for 2026, with an EBITDA margin of 18%. However, due to Tesla's switch to alternative safety systems for a new model, STIF anticipates a decrease in revenue from Tesla beginning in 2027.