Botoșani | Bucharest, 28 May 2026 – Electro-Alfa International (BVB: EAI), a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, reports solid revenue expansion and stable profitability at consolidated level for the first quarter of 2026. The company’s total revenues reached RON 135.1 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to RON 6.2 million, supported by a 2% increase in EBITDA, which reached RON 10.6 million.

The results recorded by Electro-Alfa International in the first quarter of 2026 were supported by the infrastructure and renewable energy projects carried out during the period, export activity and participation in international tender-based projects, including deliveries dedicated to the reconstruction of Ukraine’s energy infrastructure, as well as by the production of low- and medium-voltage electrical equipment. Export activity represented 26.2% of the company’s total revenues in the first quarter of 2026.

Ștefan Petrea, CEO of Electro-Alfa International, stated: “The first quarter of 2026 confirms the continued development of the company, supported by long-term investments in production capabilities, human capital and client relationships. The evolution of revenues and profitability compared to the previous year reflects the continued development of our project portfolio and the mix of projects executed during the period. At the same time, the dynamics of our business segments and margins in the first three months of the year were influenced by the structure and timing of deliveries and EPC execution works. Following the company’s listing on the stock exchange, we are entering a new stage of development with a significantly strengthened financial position. This gives us the flexibility to support future investments, expand our operational capabilities, target more complex projects and evaluate strategic opportunities that can strengthen our position across the energy and infrastructure value chain. Future opportunities remain significant, and we are prepared to continue the company’s long-term development.”

As of the end of the first quarter of 2026, Electro-Alfa International’s total equity stood at RON 764.6 million. The company held RON 137 million in cash and cash equivalents, in addition to RON 430 million in short-term bank deposits placed from the proceeds attracted through the initial public offering completed in February 2026. The company maintained a net cash position of RON 46.4 million, corresponding to a net debt-to-equity ratio of negative 0.06x.

Electro-Alfa International’s revenues and profit by business segment

The Manufacturing segment remained the main contributor to Electro-Alfa International’s revenues and profitability, generating external revenues of RON 89.9 million in Q1 2026, up 24% year-on-year. The segment recorded an operating profit of RON 4.6 million, compared to RON 7 million in Q1 2025, and continued to benefit from sustained demand for low- and medium-voltage electrical equipment, including export deliveries.

The EPC Services segment generated external revenues of RON 45.1 million in Q1 2026, compared to RON 47.7 million in Q1 2025, while operating profit increased significantly to RON 3.3 million from RON 0.8 million in the corresponding period of the previous year. The improvement in profitability reflects the timing of subcontractor cost recognition during the quarter, while the segment continued to support the company’s integrated business model through the execution of infrastructure and renewable energy projects.

The IT Services segment, represented through the activity of subsidiary Alfa Factory Software, generated external revenues of RON 0.2 million, in line with the performance recorded in Q1 2025. The segment recorded an operating loss of RON 0.2 million, reflecting its early stage of development and the initial phase of investments in software development and artificial intelligence capabilities.

Electro-Alfa International shares have been trading on the Regulated Market of the Bucharest Stock Exchange, under the ticker symbol EAI, since 3 March 2026. The company successfully completed an IPO in February 2026, attracting net proceeds of RON 544.3 million.

About Electro-Alfa International 

Electro-Alfa International is a majority Romanian-owned company, recognized as one of the leading players in medium and low-voltage electrical equipment, EPC (Engineering, Procurement, Construction) projects, and energy efficiency solutions. With 35 years of experience and a consistent commitment to research and development, digitalization, and innovation, Electro-Alfa International is actively involved in modernizing critical infrastructure in sectors such as power distribution, railway transport, the nuclear industry, and renewable energy. The company operates four state-of-the-art production facilities covering a total area of 25,000 sqm, has its own research and development center, and collaborates with over 500 clients both nationally and internationally. By integrating production, engineering, and execution processes, Electro-Alfa International is a trusted partner for projects with a major impact on European energy infrastructure.