Agilyx: GreenDot consolidated for the first time – revenue of €85.1 million in the first half of 2026

Agilyx generated revenue of €85.1 million in the first half of 2026. The preliminary and unaudited figures include the consolidation of GreenDot Global for the first time, after Agilyx increased its stake in the European plastics recycling platform to 50.1 percent in April (see plasticker news of 20 April 2026). At the same time, the company restructured its stake in Cyclyx, terminated all US joint ventures and reduced its senior financial liabilities.

The Group’s EBITDA for the reporting period was minus €1.9 million. GreenDot contributed a positive €2.7 million since consolidation. This was offset by losses of €4.5 million at Agilyx level. These included one-off expenses of €1.4 million, mainly resulting from financing via a convertible bond.

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Agilyx reported a net profit of €9.7 million. The result was significantly influenced by non-cash accounting effects. The changes in control of GreenDot and Cyclyx generated combined accounting gains of €30.2 million. This was supplemented by a gain arising from the acquisition of Anviplas below the value of its recognised net assets.

GreenDot generated revenue of €229 million in the first half of 2026 as a whole, representing an increase of 5 percent compared with the same period of the previous year. EBITDA amounted to €8.9 million. The figures include the acquisitions of Italian recycling company Forplast in November 2025 and France’s RG Group in February 2026. The acquisition of Spanish recycler Anviplas, announced in June, had not yet had any operational impact on the half-year results.

Through these acquisitions, GreenDot is expanding its mechanical plastics recycling capacity in Europe. Agilyx is positioning its majority stake as the core of its future business activities. The platform has sorting and recycling infrastructure in Austria, France, Germany, Italy and Spain. In addition, Agilyx operates arcLABS, which provides services for the characterisation of plastic streams, and markets Styrenyx, a chemical recycling technology for polystyrene waste.

As of 30 June 2026, Agilyx, including the fully consolidated GreenDot, had cash and cash equivalents of €54.5 million. Interest-bearing net debt stood at €88.1 million.

For the full year, Agilyx expects GreenDot to generate EBITDA of €19 million. This includes acquisition and restructuring costs for Anviplas that were not included in previous forecasts. From 2027 onwards, the three acquired mechanical recycling companies are expected to contribute more strongly to growth through higher product quality and additional capacity.

More information: www.agilyx.com, green-dot.com

Agilyx ASA, Oslo, Norwegen + GreenDot-Gruppe, Köln

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