Agility Global Q2 revenue jumps 26% to $1.5bn

Agility Global PLC reported a strong financial performance for the second quarter ended June 30, 2026, with revenue rising 26% year-on-year to $1.5 billion. The company’s EBIT increased 25% year-on-year to $121 million during the quarter, reflecting continued growth across its businesses.

Agility Global reported broad-based growth across its financial performance in Q2 and H1 2026. Q2 revenue rose 26% year-on-year to $1.5 billion, while EBITDA increased 12% to $202 million and EBIT climbed 25% to $121 million. For the first half of 2026, revenue grew 25% to $3 billion, with EBITDA up 10% to $388 million and EBIT rising 19% to $225 million. On the balance sheet, total assets increased 6% to $13.4 billion, while shareholders’ equity declined 3% to $5.6 billion. Net debt, including lease liabilities, increased 24% year-on-year to $4.8 billion, indicating higher leverage despite the company’s stronger operating performance.

Agility Chairman Tarek Sultan said, “Agility delivered a strong first half of 2026, continuing to build on the momentum generated last year despite an increasingly uncertain global operating environment. While geopolitical developments created some disruption across certain markets, the overall impact on the Group remained contained, reflecting the resilience and diversification of our portfolio.”

Agility said its operating businesses continued to perform well despite the challenging macroeconomic environment, while its strategic investment portfolio remained resilient and preserved its value during the period, highlighting the strength of its diversified business model.

Menzies maintained strong performance, with 78% of its revenue generated across key markets in the Americas, Europe and Asia. Tristar strengthened its financial position by completing an $800 million syndicated financing, supported by broad participation from regional and international lenders.

Agility Logistics Parks (ALP) also gained momentum as newly completed assets began generating income. Its Saudi land bank, including land held through joint ventures, doubled during the first half of 2026.

Agility’s shares also recorded stronger performance during the first half, supported by improved trading liquidity and rising investor interest. The company said the progress reflects growing market recognition of its strategy, diversified portfolio and long-term growth prospects, with continued focus on shareholder value, disciplined execution and sustainable financial performance.

Menzies Aviation reported a strong second quarter, with revenue rising 31% year-on-year to $908 million. The growth was supported by the contribution from G2, new contract wins, improved yields and resilient operational performance, despite geopolitical disruptions in parts of the Middle East.

Ground handling and cargo operations also recorded healthy growth during the quarter. Menzies handled more than 1.2 million aircraft turns, up around 8% year-on-year, while cargo volumes reached approximately 620,000 tonnes, an increase of about 7% compared with the same period last year.