Interim report
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Dovre 1 ( 20 ) DOVRE GROUP PLC'S HALF - YEAR FINANCIAL REPORT 1 JANUARY- 30 JUNE 2026 : The information presented in this release is unaudited . Dovre Group Plc Financial Statements Statement 20.08.2026 The figures presented in this half - year financial report are unaudited . Adjusted comparative figures for the corresponding period of the previous year are shown in parentheses . This half - year financial report should be read in conjunction with the financial statements for 2025 to provide a comprehensive overview of the Group's financial position and performance . Dovre Group Plc is insolvent . On 28 January 2026 , the Western Uusimaa District Court ordered the com- mencement of standard restructuring proceedings for Dovre Group Plc . Dovre Group Plc's sub - group Suvic Oy and Suvic AB were declared bankrupt on 7 January 2026 , and Suvic Force Oy on 13 January 2026. As a result , approximately 98 % of Dovre Group Plc's business operations ceased . Due to significant additional write - downs ( in particular , the cash collateral pledged to Nordea Bank Abp of € 5.4 million and to Nordic Guarantee Insurance Ltd of € 2.5 million ) , the company has lost its equity . The company is liquidating its assets in order to repay its debts . There is no certainty regarding the realiza- tion price or timing of the company's assets ; the realization price may differ significantly from their carrying value , and failure of the sales processes would materially weaken the prospects for implementing the re- structuring programme . January - June 2026 • Net sales increased by 22.2 % to EUR 1.1 ( 0.9 ) million • • EBITDA was EUR -1.0 ( -1.2 ) million . Operating result EUR -1.0 ( -1.2 ) million • Profit before taxes was EUR -9.9 ( -1.2 ) million • • • Result for parent company shareholders totalled EUR 47.2 ( -0.1 ) million Earnings per share totalled EUR 0.438 ( -0.001 ) Net cash flow from operating activities EUR -0.8 ( -5.8 ) million Due to significant changes in the Group's operations , structure and strategy , not all financial information for the first half of 2026 is comparable with prior periods , as there is no balance sheet continuity . Overview of the Company's situation The first half of 2026 has been challenging , and by the end of the reporting period , Dovre Group Plc's busi- ness operations had changed substantially compared with previous reporting periods . The reporting period was affected by the bankruptcy filings of the subsidiaries Suvic Oy and Suvic AB on 7 January 2026 , the bankruptcy filing of Suvic Force Oy on 13 January 2026 , and the parent company Dovre Group Plc filing for corporate restructuring proceedings on 19 January 2026 . On 28 January 2026 , the District Court of Western Uusimaa ordered the commencement of restructuring proceedings concerning Dovre Group Plc and appointed attorney - at - law Robert Peldán of Borenius Attor- neys Ltd as the administrator of the proceedings . The deadline for submitting the restructuring programme proposal to the District Court is 31 August 2026 , and the Company estimates that the restructuring pro- gramme could be confirmed during the third quarter of 2026 . Dovre Group Plc