The automotive components manufacturer Antolin has reported a profit of €56.4 million in the first half of 2026, driven by the sale of its subsidiaries in India. The company is in the process of restructuring its debt.
Antolin has recorded a net profit of €56.4 million during the first half of 2026, thanks to the sale of its three subsidiaries in India for €160 million, according to expansion.com. This result contrasts with the losses of €11.3 million in the same period in 2025.
The company, chaired by Emma Antolín, is currently in negotiations with creditors to approve its debt restructuring plan. The sale of the subsidiaries in India has allowed Antolin to divest non-strategic assets, aiming to improve its liquidity and balance sheet.
Despite this progress, the company faces challenges due to the weakness of the automotive market and the slow adoption of electric vehicles. This has led Antolin to renegotiate contracts with suppliers and to make staff cuts, which have been offset by rising labour costs.
Antolin has debt maturities totalling €495 million until 2028, with €265 million due this year and €86 million in 2026. Net debt stood at €1.319 billion, an increase of 4.7%, while liquidity fell by 23%, reaching €340 million.
The company's turnover was €1.733 billion, representing an 11% contraction compared to the previous year. This decline is attributed to the depreciation of the dollar, asset sales, and the end of the cycle for some products. However, Antolin has recorded new orders worth €2.2 billion, double that of the previous year, and maintains its revenue forecasts for 2026 between €2.4 billion and €3.5 billion.
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