Navigator Company reports weaker first-half 2026 results

Navigator Company, the Portuguese paper and pulp producer, reported a net profit of EUR 49.1m for the first half of 2026, down 42.3 percent year on year. EBITDA fell 33.7 percent to EUR 142.5m, with the EBITDA margin down 4.8 percentage points to 16.4 percent. The company will report next on 22 October 2026.

Why this mattersA sharp margin decline at a core European pulp and paper producer signals continued pricing or cost pressure across its paper, tissue and packaging lines.

• Net profit fell 42.3 percent year on year to EUR 49.1m in H1 2026
• EBITDA dropped 33.7 percent year on year to EUR 142.5m
• EBITDA margin declined 4.8 percentage points to 16.4 percent
• Shares traded at EUR 3.26 on Euronext Lisbon on 23 September 2026, 9.19 percent below the 52-week high of EUR 3.59
• Market capitalisation stood at EUR 2,315.6m on 23 September 2026
• Next results are due on 22 October 2026

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