Trasteel Group Announces First Half of 2026 Results Exceed Plan and Are Consistent with Current Projections for FY 2026
First Half 2026 revenues +40% YoY for the period, reflecting continued execution of the Group’s trading and industrial strategy First Half of 2026 ("H1") Financial Performance1: total revenues of $1,192.4 million (+40.0% from the prior first half of 2025 or "YoY for the period"); gross profit of $105.9 million (+36.9% YoY for the period); and operating profit of $37.0 million (+153.8% YoY for the period);H1 2026 EBITDA2 of $50.7 million (+80.8% YoY for the period);FY 2026 Projections3: revenues $2.1-$2.5 billion; gross profit of $200 million and EBITDA2 of $80-85 million;Strategic and Operational Execution: On October 1st, 2026, Trasteel took over the operations at the La Magona plant in