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PRESS RELEASE Paris , 16 September 2026 - 5:45 pm Touax® YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION 2026 HALF - YEAR RESULTS A temporary slowdown but several strategic milestones • Turnover¹ of € 72.9m , down -13 % • Operating EBITDA² : € 20.1m • • Group share of net profit : - € 4.2m , vs. € 2.5m in June 2025 Increase in shareholder's equity with a strategic expansion in India for the Freight Railcars activity Strengthening of the financial structure with new long - term financings " The first half of 2026 witnessed a temporary setback in an increasingly complex geopolitical environment , marked by disruptions in global supply chains and weak European industrial activity . The Container activity was impacted both by geopolitical tensions in the Middle East which affected customers in the region , and by limited leasing demand . However , shipping companies resumed leasing during the summer . As geopolitical factors are lengthening shipping routes , containerized traffic in TEUS / miles is now expected to increase in 2026 , slightly exceeding global GDP growth ( + 3.7 % according to last Clarksons ' estimates in August 2026 ) . The Freight Railcars activity continues to operate in a market facing weak industrial activity in Europe and overcapacity in the intermodal sector . African geopolitics also delayed several infrastructure projects , thereby postponing projects for our Modular Buildings activity . The river transport business , on the other hand , remains very resilient , driven by major industrial companies ' desire to diversify and decarbonize their supply chains . Despite the decrease in operating performance , shareholders ' equity increases driven by strategic transactions completed during the first half of the year , strengthening the Group's financial capacity and its long - term position in attractive markets . Firstly , the Group has been strengthening its position in India , where growth remains robust . The entry of Trinity Industries into the capital of Touax Rail India , with a 32 % ³ stake and an equity injection of more than € 30 million , represents a major milestone . This transaction supports our Indian growth , bringing together three industry leaders from the United States , India and Europe . Then , TOUAX renewed the asset - backed financing facilities of its Container activity , securing a committed amount of $ 115 million for a 4 - year term . The Group also completed the refinancing of its corporate debt maturing in 2027 through a € 39 million Green Bond issuance and a € 44 million Green Loan , both with a 5 - year maturity . These transactions further strengthen relationships with our long - standing financing partners , secure TOUAX's investment plan and postpone any major debt maturity beyond 2030 , " remarked Fabrice and Raphaël Walewski , TOUAX SCA's Managing Partners . Restated revenue from activities amounts to € 72.9 million as of 30 June 2026 , down - € 10.8 million compared with the first half of 2025. This decline results from the convergence of three cyclical factors : Persistent pressures in the European intermodal rail freight market , characterized by temporary overcapacity in a market where European industrial demand has decelerated ; 1 2 ■ A temporary halt to growth in the Container activity , driven by the geopolitical environment in the Middle East , and the decision of many shipping lines to purchase containers directly rather than leasing them , until the end of the first half of 2026 ; Corresponds to the restated revenue from activities . Operating EBITDA corresponds to the recurring operating income excluding depreciation , amortisation and impairment . 3 TOUAX will continue to fully consolidate the Indian joint venture TTRL in accordance with IFRS accounting standards .