The Spanish textile company Nextil closes the first half of 2026 with revenues of €32.5 million, a 99% increase, and a net profit of €4.4 million, a 259% rise. The company is advancing in its transition to the North American market and expects to generate €750 million in 2030.
The Spanish multinational textile company Nextil has presented its results for the first half of 2026 to the National Securities Market Commission (CNMV). The company, which is listed on the Continuous Market, recorded revenues of €32.5 million, representing a 99% growth compared to the same period in 2025. The gross operating profit (EBITDA) reached €7.2 million, a 116% increase, and the net profit stood at €4.4 million, a 259% rise.
These figures include the consolidation of Sindutex, the Portuguese textile manufacturer with a plant in Pombal that Nextil acquired following a capital increase of €1.75 million for 70% of the shares. The Portuguese firm has 200 employees and the capacity to produce 370,000 garments per year. The company expects Sindutex to reach €10 million in revenue in 2026. Without its contribution, Nextil's comparable perimeter revenues grew by 66%, reaching €27.213 million; EBITDA was €5.927 million (+78%) and net profit was €3.241 million (+165%), as reported by industrytalks.es.
Net financial debt stood at €23.866 million at the end of the semester, which corresponds to a debt-to-EBITDA ratio of 1.98 times. Management believes this level remains within the established safety parameters and allows a focus on commercial activity.
"Nextil is advancing on its particular launch ramp," the company states.
The company, which was founded in 1954 as Dogi in El Masnou (Barcelona), has undergone a profound transformation. Following the liberalisation of textile quotas by the World Trade Organization in 2005, Chinese competition dismantled its cost model and led it to file for voluntary creditor protection in May 2009, with liabilities exceeding €42 million. In 2014, the Sherpa Capital fund, led by Eduardo Navarro, injected €3.8 million and took 75% of the company, removing the Peninsa family from management. The firm changed its name to New Textile Expression (Nextil) and reoriented its business towards medical textiles and luxury clothing.
Sherpa Capital, now called Vecta Capital after raising a new fund of €260 million, retains around 60% of the capital. The remainder is distributed among institutional investors. By 2030, Nextil aims to generate €750 million in revenue and achieve an EBITDA of €150 million.
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