The decline was steeper in terms of profitability. EBITDA slid by 58% to RON8.9 million and EBITDA margin almost halved to 3.8%. The net loss of RON10.6 million topped the internal budget, which envisages a loss of around RON7 million for the first three months of the year.
„Although structurally the first quarter is seasonally the weakest for the construction sector, the first quarter of 2026 was one of the most challenging quarters in recent years, as several adverse factors overlapped: a prolonged winter season and the elections in Hungary, which brought the infrastructure projects to a standstill in January and February,” stated Bogdan Crăciunaș, Chief Financial Officer of TeraPlast Group.
„Nevertheless, the 40% gross margin demonstrates that our operating model remains solid,” he added.
The general meeting of shareholders of April 29 approved the distribution of RON5.1 million worth of dividends, corresponding to a gross dividend of RON0.0017 per share, set to be paid in June 5, 2026.
(English version by Catalina Apostoiu)