Netherlands · Delayed Price · Currency is EUR Aalberts Earnings Call Transcripts
Fiscal Year 2025
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Revenue declined 2.5% organically to EUR 3.09 billion, with EBITDA margin at 13.2% and strong free cash flow. Portfolio optimization advanced with acquisitions and divestments, while 2026 targets improved growth and margin, especially in semicon and commercial building.
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First half results show a 3.2% organic revenue decline and EBITDA margin pressure due to market headwinds, with no improvement expected in H2. Strategic acquisitions and operational excellence initiatives support long-term growth, while divestments and cost actions aim to optimize cash flow and margins.
Fiscal Year 2024
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2024 saw resilient results amid market headwinds, with revenue over €3.1 billion and a 15% EBITDA margin. Building returned to growth in Q4, while industry and semiconductor faced declines. 2025 guidance is for flat revenue but improved margins, supported by cost actions and stable CapEx.
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Ambitious 2030 targets include over €4.5bn revenue and 18%+ EBITDA margin, driven by organic growth, strategic M&A, and a balanced portfolio across industry, semiconductor, and building. Capital allocation will support innovation, sustainability, and recurring revenue, with annual share buybacks planned.
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EBITA margin held at 15% despite a 3.9% organic revenue decline, with improved profitability in industrial technology and ongoing challenges in building technology. Outlook for H2 is flat, with cost savings expected to support margins and continued focus on strategic growth.