Sunday, 20 September 2026

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TSK reports €44.8 million in half-year profits

TSK reports a profit of €44.8 million in the first half of 2026, multiplying its year-on-year result by 16.

Álvaro Sáez Ferrer
Álvaro Sáez Ferrer
· 2 min read

TSK has published its half-year results, reporting a profit of €44.8 million up to June 2026, multiplying its year-on-year result by 16. The company has also increased its order book to €1.3 billion.

The Asturian company TSK has presented historic half-year results, reaching a profit of €44.8 million up to June 2026, which represents a 34% increase compared to the entire previous year, and multiplying by 16 the result of the same period in 2025, according to expansion.com.

TSK's sales have reached €480.6 million, representing a 4% year-on-year growth, while EBITDA has grown by 54% to €44.5 million. This has allowed the company to raise its EBITDA margin to 9.3%.

With a net cash position of €94 million, TSK enjoys an order book of €1.3 billion and exclusive agreements amounting to €5.6 billion, bringing its business visibility to €6.9 billion, a 40% increase compared to the end of 2025.

Additionally, the company has reported an opportunity portfolio of €14.9 billion, a 50% increase in the last six months. TSK also has another €1.315 billion in contracts in the final negotiation phase.

Recently, TSK has been selected as a strategic partner of Fermi America to develop an open cycle plant of 728 MW in Amarillo, Texas. This project is linked to a developing energy and artificial intelligence campus in the country and will feature equipment from Siemens Energy. TSK also has an exclusive agreement for a combined cycle of 540 MW based on GE Vernova technology, with a contract under negotiation.

In Israel, the company has been selected to develop a combined cycle plant of 800 MW in the Tel Aviv area, with a turnkey contract of approximately $1 billion and an expected duration of 53 months.

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Iber Empresa escribe de economía y fiscalidad.