{"id":16377,"date":"2026-08-28T10:28:30","date_gmt":"2026-08-28T10:28:30","guid":{"rendered":"https:\/\/outsourcing-today.ro\/?p=16377"},"modified":"2026-08-28T10:28:31","modified_gmt":"2026-08-28T10:28:31","slug":"connections-closes-h1-2026-with-net-profit-up-97-and-digital-projects-of-national-importance","status":"publish","type":"post","link":"https:\/\/outsourcing-today.ro\/?p=16377","title":{"rendered":"Connections closes H1 2026 with net profit up 97% and digital projects of national importance"},"content":{"rendered":"\n<p>Connections (CC), a digital transformation company listed on the Bucharest Stock Exchange, AeRO Premium market, announces its compiled, unaudited financial results for the first half of 2026. The data confirms the consolidation of the Connections Group&#8217;s new operational profile, oriented toward the development and delivery of high value-added services, solutions, and products, built on digital transformation, automation, and emerging technologies.<\/p>\n\n\n\n<p><strong>Key financial indicators H1 2026 vs. H1 2025<\/strong><\/p>\n\n\n\n<ul><li>Gross profit: RON 14.85 million (+107% vs. H1 2025), representing 79% of the gross profit budgeted for full-year 2026, of RON 18.69 million<\/li><li>Net profit: RON 11.97 million (+97% vs. H1 2025)<\/li><li>Operating revenue: RON 47.46 million (down 2% vs. H1 2025)<\/li><li>Operating expenses: RON 32.8 million (-20% vs. H1 2025)<\/li><li>Operating result: RON 14.58 million (+95% vs. H1 2025)<\/li><li>Gross margin: 31% (vs. 15% in H1 2025)<\/li><\/ul>\n\n\n\n<p><em>&#8220;In the first half of 2026, revenue landed at 47.4 million RON, 2% below H1 2025. This is the first full semester built entirely without the BPO and ITO activities we exited in 2025, which alone made up 38% of last year&#8217;s H1 revenue. The core business fully absorbed that gap in twelve months. Net profit grew 97% year-over-year, gross profit 107%. But the number that matters most to us is gross margin that reached 31%, more than double last year. That tells us something about the new business formula we&#8217;ve built: profitability is no longer diluted by low-margin activities. It comes from a portfolio concentrated on services with real economic impact. That&#8217;s the direction we keep building on.&#8221; <\/em><strong>Bogdan Florea, Founder &amp; Co-CEO<\/strong><em><\/em><\/p>\n\n\n\n<p>In terms of revenue structure over the first six months of 2026, the period shows a clear shift in profile, with Software Public as the Group&#8217;s main source of revenue, at a share of 68% (compared to 42% in H1 2025 and 58% for full-year 2025), reflecting Connections&#8217; increasingly strong positioning in the GovTech sector. This percentage signals that Connections&#8217; strength today lies in complex public-sector digitalization projects &#8211; such as ECRIS, critical infrastructure projects for STS, or Prevent 2.0 &#8211; a market moving from simple implementation toward integration, cybersecurity, data, and artificial intelligence. The company&#8217;s future development direction, however, involves sector diversification and portfolio balance.<\/p>\n\n\n\n<p><em>&#8220;Our H1 results show we&#8217;ve consolidated our position in GovTech, and we&#8217;ll keep growing organically in this direction as we successfully deliver projects already underway and deepen existing partnerships. PREVENT, the platform built for Romania&#8217;s National Integrity Agency and delivered this year, is a clear example of that expertise, a system that analyzes millions of public tenders and automatically flags conflicts of interest, at a scale no manual team could match. Alongside this growth in the public sector, we&#8217;re accelerating gradual diversification into private-sector work and recurring revenue, because we want a more balanced business model, less dependent on a single sector.&#8221; <\/em><strong>Radu Marcu, Co-CEO<\/strong><strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Connections (CC), a digital transformation company listed on the Bucharest Stock Exchange, AeRO Premium market, announces its compiled, unaudited financial results for the first half of 2026. The data confirms the consolidation of the Connections Group&#8217;s new operational profile, oriented [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":16380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,3,5,17],"tags":[],"_links":{"self":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16377"}],"collection":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16377"}],"version-history":[{"count":1,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16377\/revisions"}],"predecessor-version":[{"id":16381,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16377\/revisions\/16381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/media\/16380"}],"wp:attachment":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}