Special Ingots closed the first half of 2026 with a profit before taxes of 554,000 euros, more than double the 251,000 euros recorded in the same period of the previous year, which represents an increase of 120.7%, according to a statement made this Monday to the National Securities Market Commission (CNMV).
Between January and June of this year, the company's revenue amounted to 43.9 million euros, which represents an advance of 5.0% compared to the 41.8 million obtained in the first half of 2025.
The gross operating result (Ebitda) stood at 4.1 million euros in the first half of 2026, 10.8% more than the 3.7 million recorded in the first six months of 2025.
The company has indicated that the results are "modest," in a context still complicated for the automotive industry, both in the European market and in the Spanish market.
However, the group has emphasized that it "firmly believes in the future of the business, which is why it is constantly implementing the modernization of its plants, which are not the largest, but the best."
In this regard, the company has explained that "in addition, we have modified both the casting lines and the machining lines to be able to manufacture other parts different from those we were making without stopping the production of those we were already producing. So we have significant increases in orders for the coming years for parts for electric cars, hybrids, and light and heavy goods transport," according to the presentation of the advance of its semiannual results.
According to the firm, these new references, along with the incorporation of additional products and clients, will lead to a "gradual" increase in production volumes and sales, adding more added value to the new series. The company is confident that, once the market stabilizes, these levers will ensure future activity and recover business levels and results prior to the pandemic.
First phase of its consolidation plan
The company has launched the first stage of its consolidation strategy, based on an investment of 14 million euros aimed at adapting its offering to components for hybrid and pure electric vehicles.
With this program, the group expects to increase its production capacity by 35%, raise its turnover by an additional 40 million euros per year, and strengthen its workforce with the incorporation of 111 new workers. In addition, the company allocates an average of 1.5% of its annual turnover to research and development activities.