Altri SGPS S.A./€ALTR

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About Altri SGPS S.A.

Altri SGPS S.A., established in 2005 and headquartered in Porto, Portugal, specializes in the production and sale of cellulosic fibers, primarily eucalyptus pulp, for applications in printing, writing, and textiles. The company manages eucalyptus forests across Portugal, ensuring a sustainable supply chain for its pulp production. Additionally, Altri engages in the generation of renewable energy through biomass and industrial cogeneration processes. Its operations are concentrated within Portugal, with products distributed both domestically and internationally. Altri's strategic focus on sustainability and vertical integration in forest management and energy production supports its position in the pulp and paper industry.
Ticker
€ALTR
Sector
Materials
Primary listing
XLIS
Employees
835
Headquarters
Porto, Portugal
Website
altri.pt

Altri SGPS S.A. Metrics

BasicAdvanced
€966M
79.89
€0.06
0.16
€0.25
5.30%

Bulls say / Bears say

Altri demonstrated a strong sequential recovery in 2Q26: revenue rose 20.8% year over year to €204.6 million, EBITDA increased 6.5% to €30 million, and attributable net profit rebounded to €12.9 million from a €7.3 million loss in 1Q26. (Altri 2Q26 results)
Pulp-price momentum improved materially during the first half of 2026: European BHKP reached US$1,409 per tonne in June versus US$1,100 at the end of 2025, while dissolving-pulp prices rose to approximately US$898 per tonne in July. (Altri 2Q26 results)
The Biotek conversion toward dissolving pulp is gaining traction and could improve product mix and exposure to textile-fiber demand: 2Q26 dissolving-pulp production rose 102.3% year over year, new-customer sales began as qualifications progressed, and full conversion remains targeted for the end of 2026. (Altri 2Q26 results)
Altri’s earnings remain highly sensitive to pulp prices, discounts, volumes and foreign exchange: 1Q26 revenue fell 21.3% year over year and EBITDA plunged 81.6% to €5.4 million, with the weaker euro selling-price environment and a 12% adverse USD/EUR move weighing on results. (Altri 1Q26 report)
Balance-sheet risk has increased as investment spending rises: net debt reached €329 million at year-end 2025 versus €213.6 million a year earlier, equivalent to 3.5x trailing EBITDA; including leases, debt was approximately €419.4 million. (MarketScreener)
Operations remain exposed to weather, logistics and energy disruptions. Storms in Portugal contributed to lower production, higher logistics costs and increased energy consumption in 1Q26, while the company also flagged potential additional cost pressure from geopolitical instability affecting energy, chemicals, logistics and wood. (Altri 1Q26 report)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

Funds containing Altri SGPS S.A.

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