WAG Payment Solutions (LSE:EWG) raised its full-year 2026 adjusted cash EBITDA guidance to between €110 million and €115 million, narrowing its previous range of €105 million to €115 million.
The payment solutions provider reported first-half net revenue of €1.38 billion, an increase of 10.7% year-on-year, while adjusted EBITDA rose 10.5% to €70.6 million. The adjusted EBITDA margin was 39.3%.
Pretax profit for the period was €8.4 million. Basic earnings per share declined compared with the prior-year period, which the company attributed primarily to higher finance expenses and foreign exchange losses.
Following the end of the reporting period, WAG Payment Solutions paid a special dividend of 1.5 pence per share, representing a total payment of €12.1 million.
For the full year, the company continues to expect low double-digit net revenue growth and an adjusted EBITDA margin of approximately 40%. It also expects net leverage to be below 2.0 times.
Revenue growth during the first half was supported by the expansion of toll services and payment solutions. The number of active trucks increased 7% year-on-year.
WAG Payment Solutions said the migration and integration of customers onto its Eurowag Office platform contributed to increased customer engagement and use of its services.
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