Ence returns to profit in 2Q26; EBITDA rises 15.6% to EUR 27.2 million

• Ence Energía y Celulosa swung to attributable net income of EUR 0.5 million in 2Q26 from a loss a year earlier; EBITDA rose 15.6% to EUR 27.2 million.
• Total revenue increased 4.5% to EUR 201 million, driven by the pulp unit where revenue climbed 6.8% to EUR 156.3 million.
• Pulp EBITDA rose 13.3% to EUR 22.7 million as cash cost fell 6.7% to EUR 455 per tonne, lifting operating margin to EUR 102.8 per tonne.
• Renewables EBITDA rose 28.9% to EUR 4.5 million as average power price increased 15% to EUR 144/MWh, despite a 16% drop in sales volume to 254,224 MWh.
• Group net debt increased 30.3% to EUR 492.7 million at end-June from end-2025, reflecting concentrated first-half investments and scheduled maintenance shutdowns.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ence Energía y Celulosa SA published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.