Azerion Group N.V.

Azerion Group NV reported record Q2 2026 EBITDA of €11.3 million, up 2.7% from €11.0 million in Q2 2025, despite a 5.9% revenue decline to €127.7 million. The company's cost-saving and synergy projects drove the improvement, with the Advertising Platform segment's EBITDA rising 20.5% to €10.0 million. However, total group revenue for H1 2026 fell 2.5% to €245.1 million, and adjusted EBITDA dropped 10.8% in Q2 to €14.0 million. The company revised its full-year 2026 revenue guidance to stable compared to 2025, while reaffirming its medium-term adjusted EBITDA margin target of 14-16%. Key developments include the Spotify Ad Exchange integration, a partnership with Westfield Rise, and the transfer of its Eniro stake to Flavus Invest AB for cash and a 35% equity interest.