WAG Payment Solutions on Wednesday updated its full-year 2026 outlook, raising the lower bound of its adjusted cash EBITDA guidance to a range of €110 million-€115 million from a prior range that began at €105 million. The move follows the company's first-half financial report, which showed revenue and adjusted EBITDA gains year-over-year.
For the first six months, WAG recorded net revenue of €1.38 billion, an increase of 10.7% compared with the same period a year earlier. Adjusted EBITDA for the half rose 10.5% to €70.60 million, producing an adjusted EBITDA margin of 39.3% for the period.
Despite top-line and adjusted EBITDA growth, basic earnings per share declined in the first half. The company attributed the EPS decrease primarily to higher finance expenses and losses from foreign exchange movements. Pretax profit for the period was reported at €8.40 million.
After the reporting period closed, WAG paid a special dividend of 1.5 pence per share, an amount the company stated is equivalent to €12.1 million.
Looking ahead to full-year 2026, WAG Payment Solutions expects net revenue to grow in the low double digits. The company reiterated its expectation of an adjusted EBITDA margin of around 40% for the year and forecast net leverage below 2.0x.
The company said that revenue expansion was supported by growth in its toll services and payment solutions lines. WAG reported a 7% year-over-year increase in total active trucks, noting that this helped broaden the customer base during its integration activities.
Management highlighted increased migration and integration of customers onto the Eurowag Office platform as a driver of higher engagement and deeper usage of services, which the company linked to stronger revenue performance.
Summary
- WAG raised full-year 2026 adjusted cash EBITDA guidance to €110 million-€115 million from €105 million-€115 million.
- First-half net revenue was €1.38 billion, up 10.7% year-over-year; adjusted EBITDA rose 10.5% to €70.60 million with a 39.3% margin.
- Basic EPS fell, driven principally by higher finance expenses and foreign exchange losses; pretax profit was €8.40 million.
Operational and financial context
The company attributed revenue momentum to expansion of toll services and payment solutions and cited a 7% increase in total active trucks compared with the prior year. Ongoing migration of customers onto the Eurowag Office platform was described as increasing customer engagement and service usage during the integration phase.
For the full year the company projects low double-digit net revenue growth, an adjusted EBITDA margin around 40%, and net leverage under 2.0x.