NAGA's preliminary H1 results mark the first profitable half in the group's history. Sales came in at € 27.7m (-14% yoy), while EBITDA rose 47% yoy (fx-adj. +64% yoy) to € 4.4m and net profit turned positive at € 0.9m, against a € 2.6m loss in H1 25. The EBITDA margin improved 6.6pp yoy to 15.9% vs. just 2.3% in H2 25, reflecting a step-change in the cost base.
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