MarketPR
AIR Global PLC (Nasdaq: AIIR) is in focus after reporting first-half revenue of $206.9 million, a 3.7% year-over-year increase, while keeping its full-year 2026 guidance intact.
The Strait of Hormuz, which CEO Stuart Brazier said has historically carried approximately 70% of the company's shipment volumes, remains closed, and the maintained guidance is the number the tape will key on.
The first-half print Flavored shisha molasses is the core of AIR Global's business, and it carried the top line in the first half.
Revenue from that segment reached $204.7 million, up 3.4% year-over-year, accounting for nearly all of the company-level total. Gross profit came in at $116.8 million, a 2.4% gain.
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