v3.26.1
Unaudited Condensed Consolidated Interim Statements of Profit or Loss and Other Comprehensive Income or Loss
€ in Thousands, $ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2026
EUR (€)
€ / shares
Jun. 30, 2026
USD ($)
$ / shares
Jun. 30, 2025
EUR (€)
€ / shares
Dec. 31, 2025
EUR (€)
€ / shares
Profit or loss [abstract]        
Revenues € 21,084 $ 24,033 [1] € 20,136 € 42,827
Operating expenses (9,848) (11,225) [1] (9,206) (19,408)
Depreciation and amortization expenses (9,109) (10,383) [1] (8,488) (16,481)
Gross profit 2,127 2,425 [1] 2,442 6,938
Project development costs (810) (923) [1] (2,870) (2,649)
General and administrative expenses (4,942) (5,633) [1] (3,384) (6,369)
Other income 1,802 2,054 [1] 1,431 3,599
Operating profit (loss) (1,823) (2,077) [1] (2,381) 1,519
Financing income 1,428 1,628 [1] 7,051 2,876
Financing income in connection with derivatives and warrants, net 3,540 4,035 [1] 439 (3,917)
Financing expenses (37,568) (42,823) [1] (8,468) (26,317)
Financing expenses, net (32,600) (37,160) [1] (978) (27,358)
Loss before taxes on income (34,423) (39,237) [1] (3,359) (25,839)
Tax benefit 9,376 10,687 [1] 1,771 2,528
Loss from continuing operations (25,047) (28,550) [1] (1,588) (23,311)
Profit from discontinued operations (net of tax) (see Note 6A) 83,334 94,989 [1] 12 16,930
Profit (loss) for the period 58,287 66,439 [2] (1,576) (6,381)
Profit (loss) attributable to:        
Owners of the Company 61,892 70,549 [1] 310 (2,133)
Non-controlling interests (3,605) (4,110) [1] (1,886) (4,248)
Profit (loss) for the period 58,287 66,439 [2] (1,576) (6,381)
Other comprehensive income (loss) items that after initial recognition in comprehensive income (loss) were or will be transferred to profit or loss:        
Foreign currency translation differences for foreign operations 16,518 18,829 [1] (9,048) 2,517
Foreign currency translation differences for foreign operations that were recognized in profit or loss (9,225) (10,515) [1]
Effective portion of change in fair value of cash flow hedges 4,444 5,066 [1] 2,634 2,546
Net change in fair value of cash flow hedges transferred to profit or loss (3,032) (3,456) [1] (2,282) (2,734)
Total other comprehensive income (loss) 8,705 9,924 [1] (8,696) 2,329
Total other comprehensive income (loss) attributable to:        
Owners of the Company 7,703 8,781 [1] (8,855) 2,336
Non-controlling interests 1,002 1,143 [1] 159 (7)
Total other comprehensive income (loss) 8,705 9,924 [1] (8,696) 2,329
Total comprehensive income (loss) for the period 66,992 76,363 [3] (10,272) (4,052)
Total comprehensive income (loss) for the period attributable to:        
Owners of the Company 69,595 79,330 [1] (8,545) 203
Non-controlling interests (2,603) (2,967) [1] (1,727) (4,255)
Total comprehensive income (loss) for the period € 66,992 $ 76,363 [3] € (10,272) € (4,052)
Basic profit (loss) per share (in Euro per share and Dollars per share) | (per share) € 4.49 $ 5.12 [1] € 0.02 € (0.16)
Diluted profit (loss) per share (in Euro per share and Dollars per share) | (per share) 4.47 5.1 [1] 0.02 (0.16)
Basic profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) (1.56) (1.77) [1] 0.02 (1.44)
Diluted profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) (1.55) (1.77) [1] 0.02 (1.44)
Basic profit per share from discontinued operation (in Euro per share and Dollars per share) | (per share) 6.05 6.89 [1] 1.28
Diluted profit per share from discontinued operation (in Euro per share and Dollars per share) | (per share) € 6.02 $ 6.86 [1] € 1.28
[1] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)
[2] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)
[3] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)